Cox Enterprises Sells Minority Stake in Creative Loafing

july 1, 2004  01:28 pm
The owner of the Atlanta Journal- Constitution no longer has a 25 percent stake in the chain of alternative weeklies. Tensions between Creative Loafing, Inc., and Cox executives erupted last year when the Journal-Constitution launched its own entertainment weekly, AccessAtlanta in the same market as Creative Loafing Atlanta, Caroline Wilbert reports in the the Journal-Constitution. Cox executive Charles "Buddy" Solomon told the Atlanta daily he agreed to the sale "to put all of this behind us."