Cox Enterprises has purchased Axios Media Inc., a media firm dedicated to delivering trustworthy news and analysis.
Cox intends to scale and expand Axios into new cities, cover more national topics, and cover additional premium niches for professionals. Axios is known for its Smart Brevity communications platform, prioritizing essential news and explaining impact to readers in a concise and visual format.
“With so much happening in the world, Axios plays a critical role in delivering balanced, trusted news that people need,” said Cox Enterprises chairman and CEO Alex Taylor, who will join the Axios board. “Our company started in the media business, and we have always had a passion for journalism. Bringing a forward-thinking organization like Axios into Cox Enterprises is exciting for us on many levels, and we look forward to helping them continue to scale and grow.”