Cox Media Group (CMG) has reached a definitive agreement with two companies to sell radio stations in six markets as part of its broadcast portfolio realignment. The broadcast realignment, announced in July 2012, is part of CMG’s strategy to focus on larger markets, cross-media collaboration, and heightened impact in fewer markets.
The companyhas signed an agreement to sell its Southern Connecticut radio stations ““ WPLR-FM, WEZN-FM, WFOX-FM, and contract rights for WYBC-FM ““ to Westport, CT. based Connoisseur Media. CMG has also signed a separateagreement to sell its radio stations in five other markets to SummitMedia, including:
Birmingham (WAGG-AM, WBHJ-FM, WBHK-FM, WENN-AM, WZZK-FM, WZNN-FM, WBPT-FM, and CMG’s contract rights for WALJ-FM)
Greenville, S.C. (WJMZ-FM, WHZT-FM)