Current Issue:

Coming This Week

The 40 Most Powerful People In Radio
Click here to subscribe to Radio Ink.

Radio Ink Writers

Cox Deals Get FCC Ok to Close


The FCC has approved the two deals worth over $100 million that Cox made with SummitMedia and Connoisseur. CMG is selling its stations in Southern Connecticut to Connoisseur Media, while the CMG stations in Birmingham; Greenville, SC; Hawaii; Louisville; and Richmond are being purchased by SummitMedia.

According to previously filed FCC documents SummitMedia (David Dubose and Carl Parmer) are paying $66.25 million for 23 stations (and contract rights to WALJ-FM Birmingham) in five markets: Birmingham, Hawaii, Louisville, Greenville (S.C.), and Richmond. And, Jeff Warshaw's Connoisseur Media is paying $40 million for three Southern Connecticut stations and contract rights to WYBC-FM. The stations were put on the market last July as part of a CMG "broadcast realignment."

Read the FCC approval document HERE

Add a Comment


Send This Story To A Friend