Cox Enterprises buys Axios

Digital Cable Television provider, Cox, agrees to buy Axios, American news website for $525 million. ​

What is Axios?

Axios was founded in 2016, and then launched in 2017 by former Politico journalists Jim VandeHei, Mike Allen and Roy Schwartz. Axios is based on the Greek ἄξιος, meaning "worthy" or newsworthy. Axios launched with a mission to deliver news to professionals in a simple format that helps them get smarter faster across an array of topics, including politics, science, business, health, tech and media.

What is Cox?

Cox Communications is a family-owned company committed to creating more meaningful moments of human connection through technology.

As the largest private broadband provider in the United States, Cox is proud of their continued investments in their people,  communities and network--and now that includes Axios​.

​Why did Cox invest in a local journalism website?

"A big part of this investment is to expand the number of local markets we serve. Local watchdog journalism is so important to the health of any community, and no one is more focused on building that out nationally than Axios," Cox chairman and CEO Alex Taylor said.

How will this deal impact my business?

​While this major purchase in the telecom industry may not impact your business today, the fast growth of Axios means that journalism and the spread of local news may hit your town next!

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