Cox Enterprises 2006 Annual Report
Cox Radio is one of the largest radio broadcasting companies in the U.S., based on revenues. With a focus on operational excellence and the customer, Cox Radio's high-performing radio clusters fit well with current media-buying approaches. A majority-owned subsidiary of Cox Enterprises, the company's stock is traded on the New York Stock Exchange under the symbol "CXR."
Highlights of the Year
  • Grew net revenues to $440 million, with Internet revenue growing 49 percent.
  • Generated $109 million in cash flows from operating activities, which funded Cox Radio's stock repurchase program, debt reduction and a strategic acquisition.
  • Enjoyed a 14 percent increase in stock price during the 12-month period.
  • Achieved ratings that represented continued industry leadership in the important Adults 25-54 demographic.
  • Strengthened Jacksonville, FL, cluster with the purchase of WOKV-FM (formerly WBGB-FM).
  • Extended digital broadcasting technology to more than 50 percent of stations and launched HD2 sub-channels in Atlanta, Tampa, Miami and Houston.
By the Numbers
$440 Million in Revenues
2,100 Employees
80 Stations – 67 FM and 13 AM
18 Markets
Over 14 Million Listeners Weekly
By the Numbers
CXRi
  Internet Web sites
Portfolio Mix by Format
Number of Stations
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