Broadcast-streaming. The privately-owned Georgia, US-based Cox Enterprises has reached an agreement with Apollo Global Management to sell a majority interest in Cox TV stations and also in its Ohio radio, newspaper and TV properties. Cox Enterprises will maintain a minority stake and will join the Apollo Funds in forming a new company to operate these stations, which will be headquartered in Atlanta. Cox TV stations in Atlanta, Charlotte, North Carolina, Seattle, and Boston, reach a combined 31m viewers.
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Equity firm buys Cox TV
