Cox Media Group general discussion

[ABC 7 Denver 1712]

23 hours ago, atlnews2 said:

Keep in mind Apollo wants someone to buy the entire thing, not a piecemeal sale…that means the buyer will need to be willing to take the radio stations as well 

 

Could a 2-way sale satisfy that? Say Company A wants to by the stations from Apollo, but they don't want the radio stations. So Company A makes and agreement with Company B that upon completion of the sale from Apollo, Company B is transferred ownership of the radio assets, in exchange for a time honor agreement and a proportional contribution of the entire valuation of the sale (say stock and/or cash). Technically, Company A would acquire Cox since they owned the brokerage account and then would immediately split it. Of course, if Company A was tricky, they could negotiate in bad faith and then once the sale was complete immediately sell the assets anyway.

[MichiganNewsGraphicsJunkie 909]

On 3/23/2025 at 12:59 AM, Georgie56 said:

Hearst doesn’t buy up whole groups. They buy on an individual basis.

Plus they have the most conflicts: Boston WCVB/WFXT, Orlando WESH/WFTV, and Pittsburgh WTAE/WPXI

[tyrannical bastard 3931]

I'm just going to throw this out there.....

 

With the current state of our government and it's concentration of the financially elite (and the maxed-out state of our current TV ownership situation with their regulatory and financial limitations)

Billionaires tied to the FCC could go after TV stations and groups to start pushing out state-controlled propaganda, or through "favorable" companies despite any past indiscretions?

 

It's a potential disaster that could very well happen at this rate.  Once they weaken the FCC or bow to their demands, it's all over folks.

Edited March 24 by tyrannical bastard
Cleaned up section

[Megatron81 256]

Not surprised that COX Media will be sold as Apollo ran it into the ground. I think that Nexstar buys the COX TV stations since they only have to sell just couple of TV stations in the same market and maybe sell the radio or as someone else said group B gets the radio stations in this thread.

[Breaking News 825]

On 3/22/2025 at 1:25 PM, atlnews2 said:

Gray has conflicts in Atlanta and charlotte. Nexstar conflict in Dayton 

 

 

Any chance Hearst jumps on this? Good chance to get some pretty good assets…conflicts in Boston, Pittsburgh, and Orlando would need to be divested, but that should be easy. 

It would be ideal for Hearst. Big sigh!