About Cox Auto Trader Publications, Inc
Cox Enterprises is a private, family-owned holding company with operations spanning cable TV, broadcasting, publishing, and automobile listing services. Flagship subsidiary Cox Communications is the third largest US cable company (behind Comcast and Charter Communications) serving about six million customers with TV, internet, and phone services. Cox Automotive acts as a clearing house for buying and selling cars through platforms like Autotrader, Dealer.com, and Manheim (auto auctions). Cox is selling a majority of its broadcast radio, TV, and newspaper assets. Cox will have a minority stake in the new company, which will continue to use the name Cox Media Group and be headquartered in Atlanta.
Cox Enterprises operates through three business groups: Cox Communications, Cox Automotive, and Cox Media Group.
Cox Communications—the third largest cable company in the US—offers broadband internet services as well as digital video, telephone, and home security and automation products through its own IP network. The unit's Cox Business subsidiary operates within the group and provides voice, video, and data services for commercial clients. Cox Communications also houses the Cox Media division, which provides national and local cable spot and digital advertising.
Cox Automotive owns a collection of brands and platforms for buying and selling cars such as Autotrader, Dealer.com, Dealertrack, Kelley Blue Book, Manheim, Xtime, and VinSolutions. The company's products provide data on and insights into consumer behavior; automotive trends; and inventory, sales, and marketing.
Cox Media Group (CMG) is a broadcast, publishing, marketing, and digital media business. CMG runs television and radio stations, periodicals, and non-daily publications. The company also offers advertising services through its CoxReps, Gamut, and Videa businesses. In 2019 Cox agreed to sell Cox Media Group's radio stations, CoxReps, and Gamut to a new company owned by an Apollo Global Management private equity fund. Earlier in the year it reached a deal to sell a majority interest in Cox Media Group's TV stations and newspapers to the Apollo fund. It will retain a minority stake in the business.
Atlanta, Georgia-based Cox Enterprises operates in more than 100 countries, with a concentration in the US, Asia Pacific, and Europe.
Cox Enterprises focuses on making strategic investments to bolster its existing brands and operations--particularly those that advance its technological capabilities--while lessening its stakes in less profitable ventures.
In 2019 the company invested $30 million in Fyusion, a 3D computer vision and machine learning company. Cox will integrate Fyusion's technology to bring 360-degree interactive vehicle viewing to Cox Automotive's Manheim Express app. The company also participated in a $60 million financing round for Ouster, a startup that produces sensors for self-driving cars. Cox invested in Clearcover early that year as well. The car insurer uses targeted online advertising to attract customers instead of traditional marketing methods like blanket advertising and physical offices.
Cox is selling its Cox Media Group's (CMG's) broadcast television station, radio, and newspaper assets amid changing media consumption habits.
In 2018 CMG launched its Cox Analytics for Broadcast platform for radio advertisers which uses audience website traffic data and analytics to help advertisers better target active customers.
Cox reorganized its media operations in 2009, forming Cox Media Group to oversee its broadcasting and publishing businesses. The company's direct marketing arm, Cox Target Media, now falls under the Cox Media Group's umbrella as well. Cox Enterprises acquired the remaining shares in Cox Radio for about $70 million to make the business a wholly-owned subsidiary. It had previously controlled about 95% of the broadcasting unit.
100 W PLUME
Norfolk, VA 23510-1618
Phone: 1 (757) 531-7000
Employer Type: Privately Owned
Employees (This Location): 300
Employees (All Locations): 5,000