A Commitment to Digital Media
Cox began as a media company when founder James M. Cox purchased the Dayton Evening News (later the Dayton Daily News) in 1898. Since that time, Cox became a leader in the media industry by expanding from newspapers to radio to broadcast television. While Cox sold the majority of its Cox Media Group in 2019, the Cox family continues to believe the media plays a critical role in delivering accurate information and accountability necessary to maintain a well-functioning democracy.
Our recent acquisition of Axios builds on our company’s legacy in local media and underscores our company’s commitment to growing and nurturing credible, fact-based journalism. And Cox remains dedicated to investing in the future of our media companies — The Atlanta Journal-Constitution, The Dayton Daily News and other Ohio news outlets – as they continue to provide their communities with timely, accurate information and news.
Beyond journalism, Cox is finding opportunities for future growth through investments in rapidly expanding industries like esports. By 2030, the global esports market is forecasted to grow to $5.7 billion, up from $1.2 billion in 2021.