Ion Media
| Ion Media | |
| Formerly |
|
| Company type | Subsidiary |
| Industry | |
| Founded | 1988 |
| Founder | Bud Paxson |
| Defunct | January 7, 2021 (as independent company) |
| Fate | Acquired by the E. W. Scripps Company and spun off into Scripps Networks |
| Successors | Scripps Networks Inyo Broadcast Holdings |
| Headquarters | , U.S. |
Key people | Lisa Knutson (president; Scripps Networks) |
| Products |
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| Brands |
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| Revenue | US$415 million (2014) |
| Owner | E. W. Scripps Company |
Number of employees | 425 (2020) |
| Parent | Scripps Networks |
| Website | ionmedia.com (archived March 2017) |
| Footnotes / references | |
Ion Media, LLC is an American company owned by the Scripps Networks division of The E.W. Scripps Company that operates the linear broadcasting networks Ion Television, Ion Mystery and Ion Plus.
Also known as Paxson Communications Corporation and Ion Media Networks, it emerged from bankruptcy in 2009 and was later sold to E. W. Scripps Company. It once owned over 71 television stations in most of the major American markets through a television station group, as well as operating Qubo and Ion Shop.
Upon being acquired by Scripps, it merged with its subsidiary Katz Broadcasting on January 7, 2021, creating Scripps Networks. This new division was formed to manage those assets separately from the traditional broadcast network-affiliated television stations.