Ion Media

Ion Media, LLC
Ion Media
Formerly
  • Paxson Communications Corporation (1988–2006)
  • Ion Media Networks (2006–2017)
Company typeSubsidiary
Industry
Founded1988 (1988)
FounderBud Paxson
DefunctJanuary 7, 2021 (2021-01-07) (as independent company)
FateAcquired by the E. W. Scripps Company and placed within Scripps Networks
SuccessorsScripps Networks
Inyo Broadcast Holdings
Headquarters,
U.S.
Key people
Lisa Knutson (president; Scripps Networks)
Products
  • Television stations group (through Ion Media Television)
    (prior to reorganization as Ion Media Networks in 2006, Paxson Communications Corporation directly owned Pax's O&O stations)
  • Network-produced programming (through Ion Media Entertainment, Ion Media's in-house production unit; formerly Paxson Entertainment)
    (was shut down when Ion switched to broadcast syndication in 2007 after rebranding from Pax)
  • Programming distribution (through Paxson Television Distribution)
    (was shut down when Ion switched to broadcast syndication in 2007 after the network's rebranding from Pax)
Brands
RevenueUS$415 million (2014)
OwnerE. W. Scripps Company
Number of employees
425 (2020)
ParentScripps Networks
Footnotes / references

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, Ion Mystery, 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.