Cox Media Puts 3 Local Papers Up For Sale

Cox Media Group is putting three local daily newspapers up for sale: The Palm Beach Post, Palm Beach Daily News and The Austin American-Statesman.

"We have made the decision that we will be better equipped to operate our newspapers in Atlanta and Ohio, where we have the integrated opportunity with our TV and radio operations," Cox Media Group president Kim Guthrie stated.

Guthrie also announced Cox Media will converge its newspaper, TV and radio outlets in Atlanta, a consolidation already taking place in Dayton, according to the Palm Beach Daily News.

Cox Media owns the Atlanta-Journal Constitution and Dayton Daily News, as well as multiple TV and radio stations across the country.

The Palm Beach Post and Palm Beach Daily News are two small Florida newspapers that have gained national attention, due to their coverage of Mar-a-Lago, President Trump’s "winter White House.”

The Post turns 102 in January, while the Palm Beach Daily News celebrates its 120th anniversary this year. Both newspapers have been Cox properties since 1969.

The Austin American-Statesman and its seven community newspapers and multiple websites are also up for sale. The Statesman has more than 200 employees.

“As the media business continues to change, it is crucial that CMG adapt its business strategy to navigate these disruptive times in ways that benefit the entire media portfolio," publisher Susie Gray Biehle told Statesman employees in a memo.

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