Ion Media
American television broadcast company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Ion Media?
Summarize this article for a 10 year old
Ion Media, LLC (formerly known as Paxson Communications Corporation and Ion Media Networks) is a division of Scripps Networks that operates the linear broadcast networks Ion Television and Ion Plus. Prior to its acquisition by the E. W. Scripps Company, 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.
Ion Media | |
Formerly |
|
Company type | Subsidiary |
Industry | |
Founded | 1988; 36 years ago (1988) |
Founder | Bud Paxson |
Defunct | January 7, 2021; 3 years ago (2021-01-07) (as independent company) |
Fate | Stations acquired by the E. W. Scripps Company and networks merged into Scripps Networks |
Successors | Katz Broadcasting/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] |