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Posts Tagged ‘Doug Franklin’

Cox Media Group Names New President as Part of Long Term Leadership Transition

Cox Enterprises has named Bill Hoffman as the successor to current Cox Media Group president Doug Franklin. The move comes after the announcement of a shuffling of top posts that will take place next year.

CMG’s parent company, Cox Enterprises also announced John M. Dyer will be named CEO when current chief executive officer Jimmy W. Hayes retires in April 2014. Dyer will be named chief operating officer of Cox Enterprises effective May 1. Current CMG president Franklin moves into Dyer’s spot after the transition next year.

“Bill is a talented, senior executive who will provide strong leadership, continuity and direction at Cox Media Group,” said Jim Kennedy, chairman of Cox Enterprises. “His innate understanding of the integration of broadcast, print and digital media will help ensure Cox outlets maintain their enviable rankings in a highly-competitive media landscape.” Read more

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Cox Media to Sell Five Stations to Sinclair

In an effort to focus on larger markets, Cox Media Group has agreed to sell five stations in small markets to Sinclair Broadcast Group.

Sinclair will acquire KFOX in El Paso, WJAC in Johnstown, Pa., WTOV in Steubenville, Ohio, and KRXI-KAME in Reno. Terms of the deal were not disclosed.

“All of these media locations are valued brands with talented professionals who are committed to their audiences, advertisers and communities,” Cox Media president Doug Franklin said in a statement.  “We wish all of the employees well and know they will continue to work hard to produce quality entertainment, news and information for their customers and new owners.”

Cox Media Group Closes on Purchase of Newport Stations

Cox Media Group has closed on its purchase of four Newport Television stations in Jacksonville, FL, and Tulsa, OK.

“Countless hours of hard work have taken place over the last few months to prepare for today, and I want to thank everyone at CMG and these stations involved who made today a reality,” Cox Media Group president Doug Franklin said in a statement.  “This is an exciting time as we grow CMG’s presence in these markets, and we are thrilled that these stations are joining our team of media professionals.”

Cox acquired Newport’s Jacksonville duopolies, WAWS (FOX) and WTEV (CBS) and Tulsa’s FOX affiliate KOKI and MyNetworkTV affiliate KMYT. Read more

Cox Media Group Selling, Adding Stations

In an effort to focus on larger markets, Cox Media Group has announced that it is selling four of the stations it currently owns and buying four stations from Newport Television.

The stations being sold are KFOX in El Paso, WJAC in Johnstown, PA, KRXI in Reno and WTOV in Stubenville, OH.

The stations Cox is buying from Newport Television are WAWS and WTEV in Jacksonville and KOKI and KMYT in Tulsa.

“This simplified structure will enable CMG to capitalize on continued growth and synergies, while retaining its size financially,” president Doug Franklin said in a statement.  Read more

Changes at Cox Media Group: Bill Hoffman Named EVP, Tim McVay Succeeds Him at WSB

Cox Media Group, which owns 15 stations in 11 markets, announced this week that Bill Hoffman will be the company’s next executive vice president. Hoffman previously served as president and general manager of CMG’s WSB.

“Bill is a broadcast industry veteran, whose proven leadership abilities will help CMG continue to perform at the top of its game,” said CMG president Doug Franklin in announcing the move.  “He is well respected in many industry circles, and I’m delighted that we can tap into his talents to drive our future success.”

With Hoffman joining the corporate office, CMG has appointed Tim McVay as his successor at WSB. McVay previously served as vice president and general manager of CMG’s KTVU in Oakland. CMG has yet to name McVay’s replacement at KTVU.

“Tim has a great track record of leadership, and he understands, as much as anyone, how we do things at Cox,” said CMG executive vice president Alex Taylor, who McVay will report to. “This is a good day for WSB.”