Noble Capital Markets Provided Valuation Services To Cox Media Group

April 2024

Noble Capital Markets is pleased to provide valuation services to Cox Media Group. Noble provided annual impairment analysis per the provisions of Accounting Standards Codification (“ASC”) 350 to Cox Media Group.  

CMG Media Corporation (d/b/a Cox Media Group) is an industry-leading media company with unparalleled brands, award-winning content, and exceptional team members. CMG provides valuable local and national journalism and entertainment content to the people and communities it serves. The company’s businesses encompass 14 high-quality, market-leading television brands in 9 markets; 50 top-performing radio stations delivering multiple genres of content in 10 markets; and numerous streaming and digital platforms. CMG’s TV portfolio includes multiple primary affiliates of ABC, CBS, FOX, NBC, Telemundo and MyNetworkTV, as well as several valuable news and independent stations. For more information about CMG, visit www.coxmediagroup.com.

This transaction highlights Noble’s ongoing commitment to providing strategic capital markets and advisory services to middle-market companies across a wide range of sectors. With deep sector knowledge and a client-first approach, Noble supports companies throughout their lifecycle — from capital formation to M&A execution.

For more information on Noble’s investment banking services, click here

For more information on this transaction, contact Francisco Penafiel @ fpenafiel@noblecapitalmarkets.com