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Ion Media. 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 ...
- 1988; 35 years ago
- Bud Paxson
- Lisa Knutson, President Scripps Networks
- West Palm Beach, Florida, U.S.
ION is the destination for your favorite binge-worthy dramas! Anchored by a collection of critically acclaimed shows to keep you entertained all day long.
Jan 7, 2021 · Scripps, a diversified media company, has completed the acquisition of ION Media Networks Inc., a national television network operator with over-the-air, cable/satellite, over-the-top and digital distribution. The transaction provides about 60% accretion in free cash flow per share and creates a full-scale national television business with news, entertainment and local TV brands.
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Sep 24, 2020 · Scripps, a media company that operates national television networks, will buy ION Media, a national broadcast network featuring popular crime and justice procedural programming, for $2.65 billion. The transaction will create a full-scale national television networks business with Scripps' Katz and Newsy networks. ION Media has a strong revenue growth and EBITDA margin, and will yield synergies of $500 million over six years.
Website. iontelevision .com. Ion Television (currently known on-air as simply Ion) is an American broadcast television network owned by the Scripps Networks subsidiary of the E. W. Scripps Company. The network first began broadcasting on August 31, 1998, as Pax TV, focusing primarily on family-oriented entertainment programming.
- Nationwide
- West Palm Beach, Florida
- inTV (1995–98), Pax TV (1998–2005), i: Independent Television (2005–2007)
Sep 24, 2020 · Scripps, a large independent TV station owner, has reached a deal to buy Ion Media, a company that owns 71 TV stations covering a wide swath of the country. The deal will be partially financed by a $600 million investment from Berkshire Hathaway and will save $500 million in synergy costs over six years.
Jan 7, 2021 · CINCINNATI / GREENWICH, Conn. – The E.W. Scripps Company (NASDAQ: SSP) and Black Diamond Capital Management LLC have closed Scripps’ acquisition of ION Media Networks Inc. Scripps is combining ION with the Katz networks and Newsy to create a full-scale national television networks business.
