Cox Media Group sells radio stations in six markets

coxmediaCox Media Group (CMG) is to sell radio stations in six markets as part of its broadcast portfolio realignment.

CMG is to sell its Southern Connecticut radio stations – WPLR-FM, WEZN-FM, WFOX-FM, and contract rights for WYBC-FM – to Westport, CT. based Connoisseur Media. CMG is to sell its radio stations in five other markets to SummitMedia, including:

Birmingham (WAGG-AM, WBHJ-FM, WBHK-FM, WENN-AM, WZZK-FM, WZNN-FM, WBPT-FM, and CMG’s contract rights for WALJ-FM)
Greenville, S.C. (WJMZ-FM, WHZT-FM)
Hawaii (KRTR-AM/FM, KPHW-FM, KCCN-FM, KINE-FM, KKNE-AM)
Louisville (WRKA-FM, WVEZ-FM, WSFR-FM, WQNU-FM)
Richmond (WHTI-FM, WKHK-FM, WKLR-FM, WURV-FM)

“These are all important brands powered by talented media professionals who tirelessly serve their audiences, advertisers and communities,” said CMG President Doug Franklin . “We wish all of the employees well and know they will continue to work hard to produce quality entertainment, news and information for their customers and new owners.”

The sales are expected to close during the second quarter following receipt of regulatory approvals.

USA, Atlanta, GA

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