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Cox Holdings, Inc. history
Cox Holdings, Inc. company history timeline
In 1894, Cox got a job as an assistant to Paul Sorg, who was elected to United States Congress.
James M. Cox founded the company in 1898.
Cox retired from public office after the 1920 election to focus on his media conglomerate, Cox Enterprises.
In 1920, Cox was the Democratic presidential nominee and chose Franklin D. Roosevelt as his running mate.
Though they lost the 1920 election, both made their marks as Roosevelt later became president and Governor Cox focused his energy on growing his newspapers.
In 1923 he acquired the Miami Metropolis, in Florida, changing its name to the Miami Daily News, and the Canton News, in Canton, Ohio.
In 1930 he sold the Canton paper and bought the Springfield Sun, in Ohio.
WHIO, the first Cox radio station and first station in Ohio’s Miami Valley, went on air in Dayton on February 9, 1935.
That appeals strongly to me.” He later called purchasing The Journal “the rounding out of a dream." Pictured, The front page of The Journal from December 18, 1939, with a telegraph from Franklin D. Roosevelt welcoming Cox to Atlanta.
In late 1939, he bought the Atlanta Georgian and Journal, just one week before the premiere of Gone with the Wind was held in Atlanta.
1948: The company establishes the first television station and the first FM radio station in the southern United States.
The first television station in Ohio's Miami Valley, WHIO-TV in Dayton, went on air on February 23, 1949.
Governor Cox purchased The Atlanta Constitution in 1950, just a few days before his 80th birthday.
James Middleton Cox died Tuesday, July 15, 1957, at his Trailsend home near Dayton, Ohio.
The family acquired AM and FM radio stations and a television station, all operating under the call letters WSOC, in Charlotte, North Carolina, in 1959.
The Coxes were among the first major broadcasters to enter cable television, acquiring a cable system in Lewistown, Pennsylvania, in 1962.
In 1963 they acquired KTVU-TV in the San Francisco-Oakland, California, area and radio stations WIOD-AM and WAIA-FM in Miami.
In 1964 Cox's broadcasting and cable businesses became Cox Broadcasting Corporation (CBC) and opened for trading on the New York Stock Exchange.
In 1968 all the various Cox-owned newspapers were organized into Cox Enterprises, Inc., which remained a private company.
In 1968 he bought Manheim Auctions, a wholesale used car auction business.
In 1969 the newspaper group added three Florida daily papers: the Palm Beach Daily News, the Palm Beach Evening Times, and the Palm Beach Post.
By 1971 CCC had become the second-largest company in the cable TV industry.
Acquiring TeleRep in 1972
An auto auction facility in Milwaukee, Wisconsin, also came into the company lineup in 1972.
Also in 1972, Cox Cable announced plans to merge with American Television and Communications Corporation, but the Justice Department sued to block the deal.
Later in 1973, Cox Cable set a merger with LVO Cable Inc., but subsequently called it off because of market conditions.
Another major event of 1973 was Cox Broadcasting's purchase of KFI-AM, Los Angeles.
Also in 1975, it bought a cable television system in Myrtle Beach, South Carolina.
Cox Enterprises acquired four Texas newspapers in 1976--the Austin American-Statesman, the Waco Tribune-Herald, the Port Arthur News, and the Lufkin Daily News.
Also in 1977, the broadcasting operation acquired WLIF-FM, Baltimore, Maryland, and Cox Enterprises bought the Mesa Tribune in Arizona.
The major event of 1979, however, was the Cox family's negotiation of a sale of Cox Broadcasting to General Electric Company (GE), in what would have been the biggest broadcasting merger in history.
GE's extensive broadcast holdings, however, resulted in a barrage of complaints to the FCC about concentration of ownership; the delays resulting from these complaints postponed the sale and paved the way for price renegotiations, which led to the deal's collapse early in 1980.
The broadcasting concern sold its business- and technical-publishing arm to Hearst Corporation in 1980; the aim, as with the end of film production, was to concentrate on the broadcasting and cable businesses.
In 1982, to reflect the growth of the cable industry and to underscore the importance of transforming broadcasting, Cox Broadcasting Corporation changed its name to Cox Communications, Inc.
The year 1983 was an acquisitive one.
Cox Communications bought another auto auction, in Houston, Texas, in 1984.
It had established Datext, which packaged financial information on compact discs, in 1984.
Other 1985 events were the acquisition of a Texas newspaper, the Orange Leader, and an Orlando, Florida, TV station, WFTV; and a swap of a cable television system in Avon Park, Florida, for one owned by Storer Communications in Fortuna, California.
At the end of 1987 the company had another change in top leadership, as Garner Anthony stepped down from the post of chairman and chief executive officer of Cox Enterprises and was succeeded by his stepson, James C. Kennedy.
Also in 1989, Cox's cable group topped the 1.5 million customer mark.
In 1989 Cox sold its St Louis television station to Better Communications, but expanded in other areas.
In December 1993 Southwestern Bell Corp., one of the Baby Bells, announced that it would invest $1.6 billion for a 40 percent stake in a joint venture with Cox that would own Cox Cable.
Rysher subsequently evolved into a network television and film production company, developing Nash Bridges for CBS, the television movie Rasputin for HBO, and the motion pictures Primal Fear, Evening Star, and Big Night, all in 1996 alone.
1996: Cox Radio, Inc. becomes a publicly traded company, the same year Cox Interactive media is formed.
By mid-1997, Cox Radio owned 49 stations, making it the ninth largest radio group in the country.
AutoTrader.com launched in 1997 as a majority-owned subsidiary of Cox Enterprises.
As Cox Enterprises celebrated its centennial in 1998 and prepared for its next 100 years of business, the company held sway as one of the most powerful media conglomerates in the world.
1999: Autotrader.com is launched.
Kennedy consolidated the company's flagship newspapers, merging the Atlanta Constitution, a morning paper, with the Atlanta Journal, an evening paper, in November 2001.
In 2005, Manheim announced the opening of offices in China, with one in Shanghai and one in Beijing.
In 2007, Chairman Jim Kennedy formalized the company’s sustainability efforts through Cox Conserves.
In 2013, the fund was renamed the Cox Employee Relief Fund (CERF) to reflect the expansion of the Fund to include costs for injury or illness and loss of a family member.
In 2014, Cox Enterprises brought all of its automotive-related businesses — including Manheim, AutoTrader.com, Kelley Blue Book, vAuto and NextGear Capital — together under the newly created Cox Automotive subsidiary.
In August 2018, Cox Automotive brought together its investments and solutions supporting the future of mobility with the formation of a new business division: Mobility Solutions Group.
In December 2019, Cox sold a majority stake in its broadcast stations to Apollo Global Management for a reported $3 billion.
31, 2020 Anne Cox Chambers, daughter of Governor James M. Cox and Cox Enterprises board member, passed away peacefully in her Atlanta home at the age of 100.
1, 2022, with former Chairman James C. Kennedy moving to the role of chairman emeritus.
©2022 Cox Enterprises, inc
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