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ION Media Networks company history timeline

1996

The city government had sold this station to Dow Jones and ITT in 1996 for nearly $200 million.

1997

In the fall of 1997 a tentative lineup was announced and it included a family entertainment lineup of drama shows, movies, first run shows, wildlife shows, sitcoms, and talk shows.

1998

The PAX network was launched in 1998 with family dramas such as Life Goes On, Touched by an Angel, Doctor Quinn, Medicine Woman, Highway to Heaven, and Bonanza, a game show titled The Reel to Reel Picture Show, sitcoms Dave's World, Here's Lucy and The Hogan Family, and some movies.

2001

On December 4, 2001 it was announced that Paxson had filed with the FCC an arbitration to block NBC's acquisition of Telemundo.

2002

In September 2002, it was announced that Paxson's arbitration against NBC was denied.

2003

On November 13, 2003 NBC requested a redemption of its investment in Paxson of $549.2 million.

2007

In May 2007, Ion Media Networks, NBC Universal and Citadel LLC reached an agreement for the recapitalization of Ion.

2009

In April 2009, it was announced that Ion was once again facing balance sheet problems.

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Founded
1993
Company founded
Headquarters
West Palm Beach, FL
Company headquarter
Founders
Bud Paxson
Company founders
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ION Media Networks may also be known as or be related to ION Media Networks, Ion Media, Ion Media Networks and Ion Media Networks, Inc.