https://www.wvxu.org/post/cox-media-given-60-more-days-sell-ohio-newspapers#stream/0
The group that owns Atlanta Journal Constitution, WSB-TV and WSB Radio is looking for a new buyer for their Ohio Newspapers.
Cox Media Group says it has been granted a 60-day extension to continue publishing daily newspapers in Dayton, Hamilton, Middletown and Springfield while looking for a new buyer for the papers.
Apollo Global Management's Terrier Media agreed to pay $3.1-billion last February for Atlanta-based Cox Media Group, which includes WHIO-TV, Dayton's top-rated TV station; news radio WHIO-AM; country music WHKO-FM; classic hits WZLR-FM; the Dayton Daily News, Springfield News-Sun, the Journal-News in Hamilton and Middletown; and Dayton.com.
At the time, the government permitted "cross ownership" of television stations and daily newspapers in the same market. However, a Third Circuit Court of Appeals in October re-instated a 1975 Federal Communications Commission rule banning cross ownership. With the rule back in place, Terrier told the FCC in November it would reduce publishing to three days a week so they would no longer be daily newspapers
The group that owns Atlanta Journal Constitution, WSB-TV and WSB Radio is looking for a new buyer for their Ohio Newspapers.