Cox Enterprises

Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications, Cox Automotive and Cox Media Group. The company's major national brands include AutoTrader, Kelley Blue Book, Cox Homelife, Gamut and more. Through Cox Automotive, the company's international operations stretch across Asia, Australia, Europe and Latin America. Cox Enterprises is currently led by Alexander C. Taylor, a fourth-generation Cox family member and great-grandson of founder James M. Cox. James M. Cox's grandson, James C. Kennedy and other members of the Cox family are on the company's board of directors.[3]

Cox Enterprises, Inc.
Private
Industry
  • Automotive Services
  • Communications
  • Media
Founded1898 in Dayton, Ohio
FounderJames M. Cox
Headquarters
Area served
Worldwide
Key people
James C. Kennedy, Chair
Alexander C. Taylor, President and CEO
ProductsTelecommunications, Automotive, Mass media
RevenueIncrease US$21 billion (2018)
OwnerCox family
[1][2]
Number of employees
55,000
SubsidiariesCox Communications
Cox Media Group
Cox Automotive
Websitewww.coxenterprises.com
Cox Enterprises Headquarters
Cox Headquarters' "Central Park" in Sandy Springs, GA includes the company's buildings and leased spaces.

History

The company was founded in Dayton, Ohio by James M. Cox, who purchased the Dayton Daily News in 1898. Cox later became the Democratic Party candidate for president of the United States in the presidential election of 1920, running unsuccessfully on a ticket that included Franklin D. Roosevelt as the vice presidential candidate. The company is also well-known for its ownership of Bing Crosby Productions and Rysher Entertainment the two companies merged in 1993. Cox shut down the company and sold its distribution assets to Viacom and now they are a part of the archives of CBS Television Distribution as well as the back catalog of Paramount Pictures.

James M. Cox Jr. became the company's chairman after his father died in 1957. The family and company were highlighted in a 2015 Forbes article called "This Billionaire Knows the Secret to Saving a Family Business".[4]

Cox Jr. died in 1974 and his sisters inherited ownership. Barbara Cox's second husband Garner Anthony and son by her first husband James Cox Kennedy have served as chairman, and in 2018 Anne Cox's grandson Alexander C. Taylor became chief executive officer and president.

Principal subsidiaries

Cox Communications

Cox Communications is the third-largest U.S. cable company, serving approximately 6 million residences and businesses. It provides advanced digital video, Internet, telephone and home security and automation services over tis own nationwide IP network.[5]

Cox Communications formed an alliance with the Cleveland Clinic to take Healthcare to the home in February 2015. The company has also been deploying residential gigabit internet service.

Cox Media Group

Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. Its properties include broadcast television and radio stations, daily newspapers runs metro newspapers, non-daily publications, and has more than 100 digital services. In 2019 Cox Enterprises reached an agreement with Apollo Funds to buy majority interest in Cox Media Group's broadcast television stations, including the company's radio, newspaper and TV properties in Ohio. Cox will maintain a minority stake and will join the Apollo Funds in forming a new company to operate these stations.[6]

Cox Media Group is also involved in automated and programmatic sales through Videa.

Cox Automotive

Cox Automotive is a provider of vehicle remarketing services and digital marketing and software solutions for automotive dealers and consumers. Its mission is to "make buying, selling, owning and using cars easier for everyone."[7] Cox Automotive brands include Manheim, Clutch Technologies, Dealer-Auction Ltd, AutoTrader, Kelley Blue Book, vAuto, Dealer.com, Dealertrack, NextGear Capital, Xtime, Vinsolutions and a host of global businesses and brands serving auto dealers, manufacturers and financial institutions.

In June 2015, Cox Automotive announced the biggest vendor acquisition in the history[8] of auto retailing by agreeing to pay $4 billion in cash for dealer software giant Dealertrack Technologies Inc.[9] The acquisition closed in October 2015.[10]

References

  1. ^ "Cox Enterprises Inc. Financial Statements". Institute of Media and Communications Policy. September 17, 2012.
  2. ^ "Three Cox Billionaires Minted as Matriarch Gives Away Wealth". Bloomberg. November 20, 2015.
  3. ^ "Cox Enterprises Elects Alex Taylor and Jamie Kennedy to Board of Directors - Apr 22, 2014". Coxenterprises.mediaroom.com. April 22, 2014. Retrieved November 7, 2015.
  4. ^ "This Billionaire Knows The Secret To Saving A Family Business". Forbes.com. Retrieved November 7, 2015.
  5. ^ "Cox Enterprises Businesses".
  6. ^ Enterprises, Cox. "Cox Enterprises Reaches Agreement for Funds Managed by Affiliates of Apollo Global Management to Buy Majority Stake in Cox Media Group Television Stations". www.prnewswire.com. Retrieved March 19, 2019.
  7. ^ "Cox Automotive | Cox Enterprises".
  8. ^ George, Anya (June 15, 2015). "Cox Automotive to buy Dealertrack in $4 billion deal". Reuters. Retrieved November 7, 2015.
  9. ^ "Cox goes bold with giant Dealertrack deal". Autonews.com. June 22, 2015. Retrieved November 7, 2015.
  10. ^ "Cox Automotive Opening New Doors to Clients, Team Members and Auto Industry with Completion of Acquisition of Dealertrack | Cox Automotive". Coxautoinc.com. Retrieved November 7, 2015.

External links

2016 Atlanta Braves season

The 2016 Atlanta Braves season was the Braves' 20th and last season of home games at Turner Field before moving to SunTrust Park, 51st season in Atlanta and 146th season overall. They finished in last place in the National League East Division.

The Braves played 22 extra-inning games during the season, the most of any MLB team in 2016.

2017 Atlanta Braves season

The 2017 Atlanta Braves season was the Braves' 52nd season in Atlanta and 147th overall. This was the Braves' first season at SunTrust Park, after playing the previous 20 seasons at Turner Field. The Braves began the season on April 3 at Citi Field against the New York Mets and finished the season on October 1 against the Miami Marlins at Marlins Park. On September 22, 2017, the Braves were eliminated from postseason play. They finished the season 72–90 to finish in third place in the National League East Division, 25 games behind the Washington Nationals. They failed to make the playoffs for the fourth consecutive season.

Anne Cox Chambers

Anne Beau Cox Chambers (born December 1, 1919) is an American media proprietor, who had a stake of interest in Cox Enterprises, a privately held media empire that includes newspapers, television, radio, cable television, and other businesses.She is the daughter of James M. Cox, a newspaper publisher and 1920 Democratic Presidential nominee, and his second wife, Margaretta Parker Blair. She owns and controls her father's business interests, through Cox Enterprises. For 33 years she co-owned the family company with her sister, Barbara Cox Anthony, who died on May 28, 2007. She lives in Atlanta, Georgia.

Her net worth was estimated by Forbes at $16.1 billion in September 2014, based principally on her equity interest in Cox Enterprises. She is the wealthiest person in Georgia, the 28th-richest person in the United States and 53rd-richest person in the world.

Arthur Blank

Arthur M. Blank (born September 27, 1942) is an American businessman and a co-founder of The Home Depot. He currently owns two professional sporting teams based in Atlanta, Georgia, the Atlanta Falcons of the National Football League and Atlanta United of Major League Soccer.

Autotrader.com

Autotrader.com, Inc. is an online marketplace founded in 1997, which functions as an online marketplace for car purchasers and sellers. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information.The firm is based in Atlanta, Georgia, and has been featured in The New York Times, Businessweek, and ABC News. Since 2018, the company has also been operating in Australia.Autotrader.com is owned by the Cox Automotive subsidiary of Cox Enterprises. The company is led by Sanford Schwartz.

Cox Automotive

Cox Automotive is an Atlanta-based business unit of Cox Enterprises, formed in 2014 to consolidate all of Cox's global automotive businesses, including Kelley Blue Book, Xtime, Autotrader.com and Manheim.

Cox Communications

Cox Communications (also known as Cox Cable and formerly Cox Broadcasting Corporation, Dimension Cable Services and Times-Mirror Cable) is an American privately owned subsidiary of Cox Enterprises providing digital cable television, telecommunications and Home Automation services in the United States. It is the third-largest cable television provider in the United States, serving more than 6.2 million customers, including 2.9 million digital cable subscribers, 3.5 million Internet subscribers, and almost 3.2 million digital telephone subscribers, making it the seventh-largest telephone carrier in the country. Cox is headquartered at 6205 Peachtree Dunwoody Rd in Sandy Springs, Georgia, U.S., in the Atlanta metropolitan area.

Cox Media Group

Cox Media Group, Inc., a subsidiary of Atlanta-based Cox Enterprises, is an integrated broadcasting, publishing and digital media company that also owns the national advertising rep firms of Cox Reps. The company operations include 15 broadcast television stations and one local cable channel, 86 radio stations, four metro newspapers, more than a dozen non-daily publications and more than 100 digital services. Cox Media Group is headquartered at 6205 Peachtree Dunwoody Road in Atlanta, Georgia. On July 24, 2018, Cox Media Group announced that it was "exploring strategic options" to divest the 14 television stations it owns.

Dayton Daily News

The Dayton Daily News (DDN) is a daily newspaper published in Dayton, Ohio, United States. It is a product of Cox Media Group Ohio (CMG Ohio), an integrated broadcasting, publishing, direct marketing and digital media company owned by parent company Cox Enterprises, which is headquartered in Atlanta, Georgia. It is the flagship publication of Cox Media Group Ohio.

In Demand

In Demand (semi-capitalized as a trademark as iN DEMAND) is an American cable television service which provides video on demand services, including pay-per-view. Comcast, Cox Communications, and Charter (with former independent companies Time Warner Cable and Bright House Networks) jointly own iN DEMAND.

James C. Kennedy

James Cox Kennedy (born November 29, 1947) is an American media executive and the current chair of Cox Enterprises, the conglomerate founded by his grandfather, James M. Cox. According to the 2017 Forbes billionaires list, he is the 105th-richest person in the world, the 37th-richest person in the United States, and the richest person in the state of Georgia, surpassing his aunt, Anne Cox Chambers.

KNVA

KNVA, virtual channel 54 (UHF digital channel 49), is a CW-affiliated television station licensed to Austin, Texas, United States. The station is owned by Vaughan Media; Nexstar Media Group, which owns NBC affiliate KXAN-TV (channel 36) and Llano-licensed MyNetworkTV affiliate KBVO (channel 14), operates KNVA under a local marketing agreement (LMA). The three stations share studios on West Martin Luther King Jr. Boulevard and San Gabriel Street (between the Old West Austin section of Austin and the University of Texas at Austin campus); KNVA's transmitter is located at the West Austin Antenna Farm on Mount Larson (near Loop 360 and Westlake Drive, north of West Lake Hills).

On cable, the station is available on Charter Spectrum channels 12 (SD) and 1212 (HD), Grande Communications channels 12 (SD) and 812 (HD), Suddenlink and Google Fiber channel 7 (SD/HD) and AT&T U-verse channels 12 (SD) and 1012 (HD).

Kelley Blue Book

Kelley Blue Book is an Irvine, California-based vehicle valuation and automotive research company that is recognized by both consumers and the automotive industry. The company is owned by the Cox Automotive subsidiary of Cox Enterprises.

Kudzu.com

Kudzu.com was an online directory that aggregated user reviews and ratings on local businesses, merchants, and service providers. Kudzu.com was established by Cox Enterprises in 2005, and later owned and operated by Cox Media Group. The site closed on November 30, 2018.

Manheim Auctions

Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats. Manheim also provides other vital dealership and wholesale services, such as financing, title work, transportation (auto hauling), recovery, auto body repair, dealership management systems, dent repair and automotive reconditioning, and automotive re-marketing at each location.

Richard Jewell

Richard Allensworth Jewell (born Richard White; December 17, 1962 – August 29, 2007) was an American police officer and security guard. While working as a security guard for AT&T, he became known in connection with the Centennial Olympic Park bombing at the 1996 Summer Olympics in Atlanta, Georgia. Discovering a backpack filled with three pipe bombs on the park grounds, Jewell alerted police and helped to evacuate the area before the bomb exploded, saving many people from injury or death. Initially hailed by the media as a hero, Jewell was later considered a suspect. Jewell's case is considered an example of the damage that can be done by media reporting based on unreliable or incomplete information.Despite never being charged, he underwent a "trial by media" with great toll on his personal and professional life. Jewell was eventually completely exonerated, and Eric Rudolph was later found to have been the bomber. In 2006, Governor Sonny Perdue publicly thanked Jewell on behalf of the State of Georgia for saving the lives of those at the Olympics. Jewell died on August 29, 2007 of heart failure from complications of diabetes at age 44.

Springfield News-Sun

The Springfield News-Sun is a daily newspaper published in Springfield, Ohio, by Cox Enterprises, which also publishes the Dayton Daily News. Both newspapers contain similar editorial content, but tailor their local news coverage to the area served. The News-Sun primarily serves Springfield and Urbana, in southwestern Ohio. While the Springfield News-Sun's newsroom is in downtown Springfield, the newspaper is published in Dayton.

The newspaper has won nearly 100 Ohio Associated Press Awards, including a General Excellence Award. Nearly 90% of adults in Clark County read the Springfield News-Sun over the course of a month. Its website, SpringfieldNewsSun.com, is updated 7 days a week and features local breaking news.

The Atlanta Journal-Constitution

The Atlanta Journal-Constitution (AJC) is the only major daily newspaper in the metropolitan area of Atlanta, Georgia, United States. It is the flagship publication of Cox Enterprises. The Atlanta Journal-Constitution is the result of the merger between The Atlanta Journal and The Atlanta Constitution. The two staffs were combined in 1982. Separate publication of the morning Constitution and afternoon Journal ended in 2001 in favor of a single morning paper under the Journal-Constitution name.The AJC has its headquarters in the Atlanta suburb of Dunwoody, Georgia. It is co-owned with television flagship WSB-TV and six radio stations, which are located separately in midtown Atlanta. Past issues of the newspaper are archived in the United States Library of Congress.

YurView Arizona

YurView Arizona (formally known as Cox 7) is a Cox owned-and-operated television station located in Phoenix, Arizona, United States. The station is owned by the Cox Enterprises. The station's studio facilities are located on the northwest end of Phoenix. The transmission signal is available to Cox cable television subscribers in central and southern Arizona, which includes the Phoenix and Tucson metro areas.

Cox Enterprises
Daily newspapers
Cox Radio
Cox Television 3
Cox Target Media
Cox Automotive
Other assets

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