11 votes

Axios agrees to sell to Cox for $525 million in cash

3 comments

  1. [2]
    JXM
    Link
    I’ve never liked Axios. They always seemed like the epitome of bullet point content consumption. But I guess a lot of people do if Cox is willing to spend half a billion dollars on them. I know...

    I’ve never liked Axios. They always seemed like the epitome of bullet point content consumption. But I guess a lot of people do if Cox is willing to spend half a billion dollars on them. I know they do pretty high traffic and Cox already has a media empire, so it makes sense for them.

    I’ve also never liked Cox. They’re by far the worst company that I have to deal with regularly. Maybe even worse than when I had Comcast.

    3 votes
    1. Jedi
      Link Parent
      I liked Axios because they usually broke news before other free news services and never bombarded you with ads (they had sponsored articles, but nothing overly-obtrusive). That being said, I...

      I liked Axios because they usually broke news before other free news services and never bombarded you with ads (they had sponsored articles, but nothing overly-obtrusive).

      That being said, I prefer my premium news sources because they give more thorough reporting.

      But don’t forget, Axios is who gave us that excellent Trump interview.

      This is very disappointing news to me and I’ve uninstalled the Axios app.

      1 vote
  2. AugustusFerdinand
    Link

    Less than six years after launching its news site, Axios has struck a purchase deal with Cox Enterprises worth some $525 million, the two companies announced on Monday.

    The deal promises to meld two businesses that are distinctly different. Axios, the startup based in Arlington, Va., is famous for its condensed, bullet-pointed stories. Cox is a family-owned conglomerate headquartered in Atlanta that owns Autotrader, Kelley Blue Book and The Atlanta Journal-Constitution, along with substantial enterprises in broadband and other areas.

    2 votes