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Company Profile |
Cox Radio, Inc. is one of the largest radio broadcasting companies in the United States, based on revenues. The Company operates, acquires and develops radio stations primarily in
markets ranked 10-70 based on revenues. A majority of the Company's stations are concentrated in the Sunbelt.
Upon completion of all announced transactions, Cox Radio will own, operate or provide sales and marketing services to 86 stations in 19 markets. This radio portfolio includes 71 FM stations and 15 AM stations. In 16 of its 19 markets, Cox Radio operates three or more stations. The Company's radio stations are characterized by strong ratings. Cox Radio owns a Top 10 ranked station in each of its 18 markets.
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Cox Radio became a publicly traded company in 1996 and is majority-owned by Cox Broadcasting, Inc., a subsidiary of Cox Enterprises, Inc. Its stock is traded on the New York Stock Exchange under the symbol "CXR."
Our success is rooted in 70 years of history. We know how to operate radio stations -- we've been doing it since 1934 when we put WHIO-AM (Dayton, OH) on the air.
Our development philosophy includes a clustering strategy while maintaining a solid station mix across high-growth areas. Clustering allows us to serve a broader, more diverse audience and become more involved in our communities with maximum economies of scale. Mixing developing, start-up and mature stations allows us to pursue both growth and cash flow consistency.
Cox Radio also syndicates a variety of radio programs, including Neal Boortz and Clark Howard. More syndication information »
Cox Radio, Inc. is majority-owned by Cox Broadcasting, Inc., a subsidiary of Cox Enterprises, Inc. Founded in 1898, Cox Enterprises is one of the nation's largest media companies and the world's largest operator of automobile auctions.
Headquartered in Atlanta, Georgia, Cox Enterprises' core businesses include:
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Cox Broadcasting, Inc.
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Includes television stations and Cox Radio, Inc., (NYSE: CXR), TV sales representation, research, and syndicated television production
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Cox Communications, Inc.
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Offers cable television, local and long distance telephone services, high speed Internet access, advanced digital video programming services, and commercial voice and data services.
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Cox Newspapers, Inc.
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Publishes daily newspapers, as well as weeklies, shoppers and specialized newsletters. Cox Newspapers also provides direct mail marketing and book publishing, and has investments in related businesses.
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Manheim Auctions
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Is the world's largest wholesale auto auction operator and leads the e-commerce industry in wholesale vehicle sales via the Internet.
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