Cox Media Group Announces Sale of Mundo Hispánico

ATLANTA – Sept. 19, 2018 – Cox Media Group (CMG) today announced the sale of Mundo Hispánico (www.mundohispanico.com) to Mundo Hispano Digital Network (MHDN), a tech-focused media company created to serve the growth and needs of the US Latino community through its digital and written content, publishing reach and social media network.

“We are excited that Mundo Hispánico has found a new home with owners who are committed to continue offering quality news coverage to the growing Latino community in Atlanta and across the country,” said CMG President Kim Guthrie. “The new owners have deep ties to and demonstrated involvement in the Hispanic community and are a perfect match with our talented and passionate group of Mundo employees.”

Mundo Hispánico launched in 1979 and has served as metro Atlanta’s largest Spanish-language newspaper for nearly four decades. The Atlanta Journal-Constitution purchased Mundo Hispánico in 2004 and rapidly expanded the publication’s digital reach through MundoHispanico.com. Since its inception in 2015, MundoHispanico.com has cultivated a strong social media presence that includes more than 4.5 million Facebook followers and “MiMundo” communities that focus on topics such as fashion and money. The new Mundo Hispánico headquarters will be located in the heart of Atlanta’s Hispanic business district at 5269 Buford Highway, Atlanta, GA, 30340.

Mundo Hispánico has long-served as a dynamic and trustworthy news source for the Latino community in Atlanta. That solid foundation, coupled with our mission to strengthen Atlanta’s position as a center for Hispanic media in the country, really solidifies this acquisition. It makes perfect sense for us and we’re excited to get started,” said MHDN President and CEO Rene Alegria.

 

About Mundo Hispano Digital Network (MHDN)

Based in Atlanta, MHDN is part of a collective effort to foster creative Hispanic entrepreneurs around the country. Already known as a national film, TV and video production capital, Atlanta offers a fresh and unique Hispanic perspective that will add a bright alternative to users and businesses wanting to connect with Latinos nationwide. Mundo Hispano Digital Network offers a unique opportunity for building-out Mundo Hispánico as a US-based minority-owned media company. Under the direction of Latino owners and executives, MHDN is composed of veterans with backgrounds rooted in Hispanic media, politics and finance. The cultural insights and Latino leadership of MHDN runs parallel with an overall shift in media production and consumption; fast, authentic and one that understands exactly who the US Latino is and what their specific needs are.

 

About Cox Media Group

Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. The company’s operations include broadcast television stations, radio stations, daily newspapers and non-daily publications. Additionally, Cox Media Group operates the National Advertising Platform businesses of CoxRepsGamut and Videa; and offers a full suite of local and regional advertising services through its Local Solutions and Ideabar businesses. For more information about Cox Media Group, please visit www.coxmediagroup.com.