Axios Media is majority-owned by Cox Enterprises, a family-owned media conglomerate headquartered in Atlanta, Georgia. However, Axios ownership isn’t solely held by Cox Enterprises. Here’s a breakdown:

• Majority ownership: Cox Enterprises owns approximately 70% of Axios Media.
• Minority ownership: The remaining 30% ownership is divided between Axios Media employees and its co-founders, Jim VandeHei, Mike Allen, and Roy Schwartz.

Therefore, while Cox Enterprises holds the majority stake, Axios also maintains ownership by its founders and employees, potentially fostering a sense of shared ownership and alignment within the company.