ION Media Networks, Inc.

News and overview for ION Media Networks, Inc.

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Company Overview


Company: ION Media Networks, Inc.
Industry: Television Station Groups
Website: http://www.ionmedia.tv

You might say this TV company is looking to charge up its audience. ION Media Networks is a leading television broadcaster anchored by its ION Television network and its portfolio of about 60 UHF stations located throughout the country. The broadcast network, which reaches more than 95 million US homes, airs mostly of syndicated series, movies and specials. It also offers several hours of paid programming each day. ION Television is distributed by cable and satellite systems in addition to the company's owned and operated TV outlets. ION Media was founded as Paxson Communications in 1991 and is controlled by hedge fund operator Citadel Investment Group. It filed for bankruptcy in 2009.


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Fiscal Year-End December