Ion Media | |
Formerly |
|
Company type | Subsidiary |
Industry | |
Founded | 1988 |
Founder | Bud Paxson |
Defunct | January 7, 2021 | (as independent company)
Fate | Stations acquired by the E. W. Scripps Company and networks merged into Scripps Networks |
Successors | Scripps Networks Inyo Broadcast Holdings |
Headquarters | , U.S. |
Key people | Lisa Knutson (President; Scripps Networks) |
Products |
|
Brands | |
Revenue | US$415 million (2014) |
Owner | E. W. Scripps Company |
Number of employees | 425 (2020) |
Parent | Scripps Networks |
Footnotes / references [1][2][3] |
Ion Media, LLC (formerly known as Paxson Communications Corporation and Ion Media Networks) is a subsidiary of the E. W. Scripps Company that operates the linear broadcast networks Ion Television and Ion Plus. Prior to its acquisition by Scripps, the company owned and operated over 71 television stations in most major American markets (through its television stations group, Ion Media Television), and also operated Qubo and Ion Shop. After being operated as a private company since it entered and emerged from bankruptcy in 2009, it was acquired by the E. W. Scripps Company and merged with its Katz Broadcasting subsidiary on January 7, 2021, creating the new Scripps Networks division to manage those assets separately from its traditional broadcast network-affiliated television stations.
media holdco4
was invoked but never defined (see the help page).