Cox Television sale

[upstate29651]

I don’t see that as an issue. Fox likes to have O&O’s in NFL cities, not necessarily NFC cities. Houston’s KRIV is an example of this. Plus, you can’t tell me Fox wouldn’t like to break back into Boston?

G

 

[upstate29651]

Today, Apollo Global Management has filed its deals to acquire Cox Media Group’s television stations and their radio properties in Dayton along with Northwest Television with the FCC.

https://radioinsight.com/headlines/...ion-stations-plus-radio-newspapers-in-dayton/

 

[Y2kTheNewOldies]

https://radioinsight.com/alert/1782...o-be-acquired-by-apollos-new-cox-media-group/

Update now the radio stations for Cox will go under Apollo's Cox Media Group Name for the radio stations. TV stations will be called Terrier Media.

The Apollo Global Management led group that is acquiring Cox Media Group’s television properties will add Cox’s radio portfolio and CoxReps and Gaumt businesses to the acquisition.

Apollo had announced in February that it would purchase Cox’s thirteen television stations as well as the company’s Dayton OH radio and newspaper properties. The revised deal adds Cox’s 57 radio stations in Athens GA, Atlanta, Houston, Jacksonville, Long Island, Orlando, San Antonio, Tampa, and Tulsa to the new company.

 

[TheBigA]

Update now the radio stations for Cox will go under Apollo's Cox Media Group Name for the radio stations. TV stations will be called Terrier Media.

Actually both TV & radio will use the Cox Media Group name:

Instead of operating as Terrier Media, the Apollo group will now retain the Cox Media Group name to the newly formed company that will also include the television assets of Northwest Television and will be led by the existing Cox Media Group management team.

 

[itsTheRolyPoly]

https://radioinsight.com/alert/1782...o-be-acquired-by-apollos-new-cox-media-group/

Update now the radio stations for Cox will go under Apollo's Cox Media Group Name for the radio stations. TV stations will be called Terrier Media.

So basically, Cox Media Group under Cox Enterprises to Cox Media Group under Apollo.

 

[boogiebutters]

I hope so, this ownership is excruciating.

 

[TheBigA]

I missed this, but apparently there is a challenge to the Cox-Apollo deal from Common Cause:

https://ecfsapi.fcc.gov/file/1051143903250/CC CCOH UCC Apollo Cox Petition to Deny FINAL 5-10-19.pdf

They say it's contrary to the public interest, and Apollo will lay off reporters and cut news coverage.

 

[TheBigA]

The DOJ has now held up the Apollo sale, saying Apollo exceeds the foreign ownership limits:

http://www.insideradio.com/free/doj...cle_1359a90a-a793-11e9-915d-efb5e1cdfeb9.html

 

[Ccook55]

That's for the radio division. The TV station acquisition still appears on.