All Posts: cox

COX AND EMMIS JOIN IHEARTRADIO

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by Bob Hamilton 06/26/2012
0 comments 4529 views, last edit on 06/26/2012
- Clear Channel Media and Entertainment today announced an agreement to add 106 Cox Media Group and Emmis Communications radio stations to its iHeartRadio digital platform. The collaboration will result in more choices and greater programming options for iHeartRadio users and a comprehensive, fully integrated digital listening service for Cox and Emmis listeners. Under the agreement, 86 Cox Media Group radio stations from 19 markets and 20 Emmis...
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Tags: emmis, clear channel, cox, iheartradio

COX ENTERPRISES TAKES COX RADIO PRIVATE

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by Bob Hamilton 06/01/2009
0 comments 4262 views

Cox Enterprises, Inc. announced today that its wholly-owned subsidiary, Cox Media Group, Inc., has completed its acquisition of Cox Radio pursuant to a short-form merger in which Cox Radio became an indirect, wholly-owned subsidiary of Cox Enterprises following the successful completion of its tender offer, which expired on Tuesday, May 19, 2009.

As a result of the merger, any outstanding shares of Class A common stock not purchased in the tender...

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COX...RADIO ONE.. ADD TO THE FIRST QUARTER DOWN REPORT

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by Bob Hamilton 05/12/2009
0 comments 5331 views, last edit on 05/12/2009
Cox radio reported a 69% decline in earnings in the first quarter this morning while Radio One says they lost $59.4 million for Q1 as compared to the same quarter in 2008.This follows a 22% revenue drop reported by Clear Channel.  Cox is being acquired by majority owner Cox Enterprises. They reported income of $4 million compared with $12.8 million a year earlier. Revenue fell 23% to $75.5 million...local was down 21.1% and national was down 32....
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Tags: cox, radio one

COX RADIO REVENUES FALL 21%

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by Bob Hamilton 11/06/2008
0 comments 4334 views, last edit on 11/06/2008
Cox radio announced yesterday that their earnings were down to 15.9 million in the third quarter of 2008, compared to $20.2 million in the same period last year.  Revenues dropped 6% to $104.9 million compared to $111.8 million in 2007 Q3.  Local revenue dropped from $77.2 million to $74.5 million while national fell to $20.9 million from $24.5 million last year. Radio and media in general have been dealing with softening ad sales in a sagging e...
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COX RADIO POSTS $75 MILLION LOSS

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by Bob Hamilton 07/30/2008
0 comments 5103 views, last edit on 09/12/2008

ATLANTA, July 30 /PRNewswire-FirstCall/ -- Cox Radio, Inc. (NYSE:CXR) today reported financial results for the three-month and six-month periods ended June 30, 2008.

Financial highlights (in thousands, except per share data and percentages) are as follows:

                           Three Months Ended          Six Months Ended
                                June 3...
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COX RADIO REVENUES FALL

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by Bob Hamilton 05/07/2008
0 comments 5219 views, last edit on 09/12/2008

Cox radio issued its first quarter report this week and it shows that profits are down about 5% from last year.  The company shows a net income of  $12.8 million on $97.8 million in revenue, compared withnet income of $13.5 million on $100.8 million in revenue in the firstquarter of 2007. First quarter earnings were flat at 14 cents a share.

"We continue to outperform our markets, as well as the radioindustry, from a revenue perspective de...

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COX TEAMS UP WITH RADIO GUIDE

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by Bob Hamilton 03/11/2008
0 comments 5781 views, last edit on 09/12/2008
RadioTime, Inc., developer of theRadioGuide(TM) technology for finding and listening to more than 50,000AM/FM radio stations online, today announced Cox Radio, Inc. (NYSE:CXR) has licensed program information for distribution over computers and other devices that connect to the RadioTime guide. TheRadioTime-Cox Radio partnership enables listeners using their computersor New Radio devices to find real-time information about what's airin...
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Tags: radio time, cox

COX RADIO NARROWS LOSSES-4Q REPORT

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by Bob Hamilton 03/05/2008
0 comments 5130 views, last edit on 09/12/2008
Cox Radio Inc. said this morning that its fourth-quarter lossnarrowed to $52.1 million, or 57 cents a share, from a loss of $88million, or 93 cents a share, as compared to Q4, 2006...Revenue for the quarter was up to $114.3 million from $113 million in 2006. Below is the complete PR newswire release...

Cox Radio Reports Fourth Quarter 2007 Financial Results

ATLANTA, March 5 /PRNewswire-FirstCall/ -- Cox Radio, Inc. (NYSE:CXR) ...

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COX ADDS FIVE STATIONS IN ATHENS, GEORGIA

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by Bob Hamilton 01/16/2008
0 comments 7715 views, last edit on 09/12/2008
Cox Radio announced today it has exercised its option to acquirefive radio stations serving the Athens, Georgia market for $60 million,less amounts previously paid toward the option totaling $12 million.The stations -- WNGC-FM, WGMG-FM, WPUP-FM, WGAU-AM and WRFC-AM -- arecurrently owned by affiliated companies controlled by Paul Stone:Southern Broadcasting of Athens, Inc.; Southern Broadcasting ofPensacola, Inc.; and New Broadcast In...
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Tags: cox, athens