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Another 1968 event was the company's entry into the automobile auction business, with the broadcasting group's purchase of auction facilities in Manheim, Pennsylvania; Bordentown, New Jersey; and Fredericksburg, Virginia.
An auto auction facility in Milwaukee, Wisconsin, also came into the company lineup in 1972.
Later in 1973, Cox Cable set a merger with LVO Cable Inc., but subsequently called it off because of market conditions.
James Cox, Jr., died in 1974 at the age of 71.
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.
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 Cox Broadcasting changed its name to Cox Communications, Inc. to better reflect its positions in both broadcasting and cable.
1985 Merger of Cox Enterprises and Cox Communications
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.
1988: James C. Kennedy is named chairman and chief executive officer of Cox Enterprises.
Also in 1989, Cox's cable group topped the 1.5 million customer mark.
In April 1991 Trader Publications was merged with Landmark Target Media of Norfolk, Virginia, and Cox held 50 percent of the resulting company.
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.
By mid-1997, Cox Radio owned 49 stations, making it the ninth largest radio group in the country.
His commitment paid off when AutoTrader.com became a profitable venture in 2002, a year that also saw the Web property record a 75 percent increase in revenue to roughly $100 million.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Katz Media Group | 1888 | $330.0M | 1,300 | 15 |
| Spanish Broadcasting System | 1983 | $177.0M | 750 | 57 |
| Ampersand | 1981 | $130.0M | 750 | 35 |
| Adams Outdoor Advertising | 1983 | $450,000 | 7 | 61 |
| Petry Television | - | $3.3M | 48 | - |
| Cox Reps | - | $420,000 | 9 | - |
| Journal Broadcast Group | - | $800.0M | 3,000 | - |
| Naylor Association Solutions | 1969 | $29.0M | 440 | 10 |
| OUTFRONT Media | 2014 | $1.8B | 2,370 | 76 |
| Leaderpromos | - | - | - | 4 |
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