Today the Cox Media group announced that it is selling its four Richmond-based radio stations.
Today the Cox Media group announced that it is selling its four Richmond-based radio stations. The four Richmond stations join more than twenty others that have been put up for sale from Hawaii to Southern Connecticut.
The sale is part of a realignment of Cox’s “broadcast portfolio.”
“This simplified structure will enable CMG to capitalize on continued growth and synergies, while retaining its size financially,” said CMG President Doug Franklin. “All of our media outlets, regardless of size, are valuable, profitable brands with strong futures thanks to the hard work and dedication of our talented professionals who serve their audiences, advertisers and communities. We thank the leaders and employees in the locations we’re selling for their outstanding contributions to this company over the years and the valuable service they will continue to provide their respective communities.”
The stations for sale are: