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 spun off into 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
Websiteionmedia.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.