Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and Cox Automotive. The company’s major national brands include AutoTrader, Kelley Blue Book, Manheim Auctions and more.
Through Cox Automotive, the company’s international operations stretch across Asia, Australia, Europe and Latin America. Cox Enterprises is currently led by Alexander C. Taylor, a fourth-generation Cox family member and great-grandson of founder James M. Cox. James M. Cox’s grandson, James C. Kennedy, and other members of the Cox family are on the company’s board of directors.
On March 2, 2020, the sale of Cox Media Group’s Ohio newspapers was finalized back to Cox Enterprises, and subsequently formed Cox First Media.This move was to ensure the publications would remain daily newspapers serving the southwest Ohio region.
Introduction
The story of Cox Enterprises is one of hard work, respect for employees, entrepreneurship and making bold decisions. It’s also about staying true to values that have endured for more than a century. Cox Enterprises was founded in 1898 by James M. Cox. At the age of 28, he purchased the Dayton Evening News (now the Dayton Daily News). He later served as Ohio’s governor and was the 1920 Democratic nominee for president with Franklin D. Roosevelt as his vice presidential running mate. After Governor Cox lost the election, he decided to focus on expanding his business across industries and locations.
Today, Cox Enterprises is a global company with 50,000 employees and $23 billion in revenue. Cox remains a values-driven private corporation that can invest in long-term growth and is proud of its four-generation family leadership. Through our major divisions—Cox Communications and Cox Automotive —we lead in the communications and automotive industries. Our widely recognized national brands include Autotrader, Kelley Blue Book and Cox Homelife.
Unveiling Cox Enterpises: A Legacy of Innovation
Embark on a journey through the annals of Cox Enterpises’ history, tracing its roots back to its inception. Explore how a vision for innovation propelled Cox Enterpises to prominence, shaping industries and redefining standards along the way.
History
Founding
The company was founded in Dayton, Ohio by James M. Cox, who purchased the Dayton Daily News in 1898. Cox became a member of Ohio’s delegation to the United States House of Representatives and then the Governor of Ohio. He was the Democratic Party candidate for president of the United States in the presidential election of 1920, running unsuccessfully on a ticket that included Franklin D. Roosevelt as the vice presidential candidate.
Telecommunications
In 1935, prompted by the encouragement of Governor Cox’s son, James M. Cox Jr., Cox ventured into the radio industry by launching WHIO in Dayton. Subsequently, Governor Cox acquired The Atlanta Journal in 1939 along with radio station WSB. This marked the beginning of Cox’s involvement in the media landscape. The debut of WSB-TV, dubbed the “Eyes of the South,” on September 29, 1948, marked a significant milestone as Atlanta’s first television broadcast. Following this success, WHIO-TV commenced broadcasting in Ohio’s Miami Valley on February 23, 1949.
In 1950, Governor Cox expanded his media empire by purchasing The Atlanta Constitution. The Cox family’s media interests continued to diversify in 1962 when James M. Cox Jr. acquired three cable television systems in central Pennsylvania, totaling 11,800 subscribers. These ventures culminated in the creation of the publicly-traded Cox Broadcasting Corporation (CBC) in 1964, consolidating their broadcasting and cable enterprises. However, their newspaper ventures remained under the independent entity of Cox Enterprises.
Cox’s expansion continued in the 1960s with acquisitions such as television syndicator Walter Schwimmer in 1966 and television production company Bing Crosby Productions in 1967. Although Cox briefly exited the television syndication business in 1970, they later re-entered it through subsidiaries like TeleRep and Television Program Enterprises.
As the cable industry flourished, Cox Cable Communications (CCC) emerged as a major player after being spun off into a privately-owned entity in 1968. Following James M. Cox Jr.’s passing in 1974, control of the company fell to his sisters, Anne Cox Chambers and Barbara Cox, who inherited 95% ownership.
In 1982, CBC relocated its headquarters to Atlanta and rebranded as Cox Communications, Inc., solidifying its presence in the telecommunications sector. By 1988, Jim Kennedy, the grandson of Governor Cox, rose to the position of CEO and chairman of Cox Enterprises.
In 1986, Cox Enterprises diversified further by establishing Cox Video, a subsidiary focused on original video programming. This included partnerships with Media Home Entertainment and Fox Hills Video, subsidiaries of Heron Communications, to produce comedy and reality-based content. Additionally, Cox Video secured rights to adapt Joe Weider’s magazines and exercise guidelines into video programs, tapping into the burgeoning fitness market.
Over subsequent decades, Cox continued to innovate, pioneering bundled services that combined telephone, high-speed internet, and digital cable television over a single broadband network, setting new standards in the industry.
Cox Communications
Cox Communications is at the forefront of facilitating meaningful communication through technology designed to enhance human interaction. As the largest privately held company in the United States, we expand our fiber broadband network to more than 30 states, providing connectivity and service to approximately 7 million homes and businesses nationwide.
Cox Marketing meets the needs of corporate customers with a wide range of voice, video and data solutions in our products. At the same time, Cox Media has become an integrated provider of national and local cable programming and digital streaming services.
As a pioneer in broadband, voice and business solutions, Cox Communications is proud to provide business services. – Ways to serve customers and create a unique work environment. Our commitment to diversity and inclusion is reflected in the awards we have received, such as being named a Top Female Carrier by Women in Cable Telecommunications for ten years in a row and being named among the DiversityInc Top 50 Companies for Diversity for 13 years in a row.
Cox Automative (Worldwide Automotive Leader)
Cox Automotive has revolutionized the entire automotive experience, from buying and selling to owning and operating a car. Through cutting-edge technology, extensive industry knowledge and a broad range of products and services, Cox Automotive delivers the highest value to business owners, corporations and consumers by simplifying auto commerce and mobility.
< br>Cox Automotive is a global powerhouse with a broad business portfolio covering all aspects of the automotive industry. From Autotrader® to Clutch Technologies, Dealer.com® to Dealertrack®, Kelley Blue Book® to Manheim®, NextGear Capital® to VinSolutions®, vAuto® to Xtime® Each brand is committed to supporting millions of people. buy cars, help Customers trade 45,000 cars in five countries, contributing to the growth and success of the entire automobile industry in the coming years.
New Ventures
Cox is pushing the boundaries of our core business by investing in adjacent sectors and businesses with high growth potential, such as clean technology, healthcare, digital media and the public sector.
We are diversifying our business and investing in change to create a foundation for the future of our business.
Empowering Businesses Through Collaboration
Explore how Cox Enterpises fosters collaboration and partnership to empower businesses worldwide. From startups to enterprises, Cox Enterpises provides tailored solutions and support to fuel growth and drive success.
FAQ (Frequently Asked Questions)
Q: How does Cox Enterprise work?
Cox Enterprise operates in many industries including telecommunications, media, automotive and more. Its product diversity enables it to meet various needs and requirements.
Q: How does Cox Enterprises contribute to sustainability?
Cox Enterprises is committed to sustainable development through the use of renewable energy and other measures, waste reduction initiatives and environmentally friendly practices in its operations. By prioritizing sustainability, Cox Enterprise aims to minimize its environmental impact and promote a greener future.
Q: How is Cox Enterprise different from its competitors?
Cox Enterprise stands out for its ongoing commitment to innovation, customer satisfaction and corporate responsibility. Focused on delivering exceptional value and driving positive change, Cox Enterprises continues to be a leader in its industry.
Q: How do businesses work with Cox Enterprise?
Companies interested in working with Cox Enterprise can explore collaboration through its partnership. It partners with programs, business events and online platforms. Whether you’re looking for a technology solution or a partnership, Cox Enterprise welcomes partnerships that foster collaboration and progress.
Conclusion
In conclusion, Cox Enterprise is a beacon of innovation and excellence that shapes the future of business with its unique technology. Visual leadership and related solutions. From pioneering technological advancements to promoting sustainable practices, Cox Enterprises continues to set the standard of excellence for its businesses. Looking ahead, Cox Enterprises’ journey will be one of continuous innovation, collaboration and positive change that drives the growth and prosperity of the business and wider society.
