OLD Media News

Cox Media Group granted newspaper sale extension

Cox Media group has been granted a 60-day extension by the Federal Communications Commission, allowing the company to continue publishing its three Ohio papers including the Dayton Daily News, Springfield News-Sun and Journal-News.

The newspapers will be available throughout the week.

The extension comes while the company awaits sale. The organization expects to have a buyer within 2 months.

“This is fantastic news for our employees, our customers and the communities that our newspapers serve,” Rob Rohr, market vice president of CMG’s Dayton properties said. “This would not have been possible without the thousands of hours of hard work by Cox Media Group leadership with the full support of Apollo Global Management’s team. It’s thanks to them that the FCC enabled us to have more time to find a long-term solution for our newspapers.”

Initially, the extension had been till Jan. 16. However, on Tuesday, the FCC extended that deadline until March 16.

“We find that it is in the public interest to grant the extension request,” the FCC said in a letter. “Specifically, we find that allowing Terrier Media to operate the Dayton newspapers through March 16, 2020, will advance the Commission’s goal of localism by preserving the ability of the Dayton newspapers to maintain continuous daily readership until a buyer for the Dayton newspapers is finalized.”

Mariam Ahmed

Recent Posts

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

25 seconds ago

Dow Jones plans to expand Middle East operations

Dow Jones & Co., the parent of The Wall Street Journal, Barron's, MarketWatch.com and Investor's…

4 hours ago

WSJ seeks a White House reporter

The Wall Street Journal is seeking a White House reporter in Washington, DC, to break…

4 hours ago

Politics editor Pershing leaving WSJ

Ben Pershing, the politics editor of The Wall Street Journal, is leaving the news organization.…

5 hours ago

NY Times taps Stevenson as DC bureau chief

New York Times executive editor Joe Kahn sent out the following on Friday: A January 2010 front…

5 hours ago

Dow Jones senior VP Jones is departing

Brent Jones, the senior vice president of training, culture and community at Dow Jones, is…

5 hours ago