Cox Phases Out Adify Name, Folds Company Into Digital Sales Unit
Two and a half years since vertical ad network builder Adify was acquired by Cox Enterprises, through its subsidiary Cox TMI, and that brand…
Cox Sells 25 Percent in AutoTrader To Providence Equity; Retains Majority
Cox Enterprises is selling 25 percent of its majority stake in auto sales site AutoTrader.com, to PE firm Providence Equity, for an undisclo…
Bids For Travel Channel Lot Higher Than Expected; Scripps, News Corp and Others
Bids for Travel Channel, in the middle of a bidding process started by its parent Cox, have come in “substantially ahead of initial expectat…
Travel Channel Bidding: Scripps, NBCU & News Corp in Line; IAC, TW May Join Later
The sale process of Cox-owned Travel Channel is heating up, as the first round of bids have come in: among them, the obvious names of News…
Cox Sells Three Newspapers; Looking To Sell Majority In Travel Channel
Cox Enterprises, the Atlanta-based diversified media company, has sold off three of its newspapers: Waco Tribune-Herald to Robinson Media Co…
Cox Enterprises Merging Newspapers, TV, Radio Into Cox Media Group; 100-Plus Digital Services
Waving the operational efficiency flag, Cox Enterprises is merging its three media units — Cox Newspapers, Cox Television and Cox Radio– i…
Cox Enterprises Selling Austin American-Statesman, Valpak Direct Mail Unit, Other Assets
It’s a buyer’s market for newspaper assets right now: Cox Enterprises is the latest to hang a for-sale sign on certain assets, as it’s annou…
Cox Buys Adify As a Hedge
Cox Enterprises is spending $300 million to buy online ad network Adify, as both a hedge against the death of classified ads and a way to delve deeper into Internet advertising. As far as bargains go, this one could be a good one for Adify’s investors, who have plowed $27 million into the do-it-yourself ad network. It’s also an acquisition that gets Cox into targeted Internet advertising beyond its previous partnership with Yahoo, which is limited to offering local news to Yahoo in exchange for placing newspaper help wanted ads on Yahoo’s HotJobs property.