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The city government had sold this station to Dow Jones and ITT in 1996 for nearly $200 million.
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.
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.
On December 4, 2001 it was announced that Paxson had filed with the FCC an arbitration to block NBC's acquisition of Telemundo.
In September 2002, it was announced that Paxson's arbitration against NBC was denied.
On November 13, 2003 NBC requested a redemption of its investment in Paxson of $549.2 million.
In May 2007, Ion Media Networks, NBC Universal and Citadel LLC reached an agreement for the recapitalization of Ion.
In April 2009, it was announced that Ion was once again facing balance sheet problems.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Luken Communications | - | $8.4M | 50 | - |
| TEGNA | 2015 | $3.1B | 6,883 | 143 |
| Hubbard Broadcasting | 1925 | $306.1M | 1,200 | - |
| Sinclair Broadcast Group | 1986 | $3.1B | 8,400 | 755 |
| Mtv Networks Inc. | - | $23.9M | 350 | - |
| Crawford Group | 1997 | $3.1M | 35 | - |
| Fox Networks Group | 1993 | $75.8M | 10,001 | - |
| AMC Networks | 1980 | $2.4B | 2,197 | 60 |
| Entravision Communications | 1998 | $364.9M | 1,094 | 51 |
| WTOL 11 | 1958 | $97.0M | 350 | - |
Zippia gives an in-depth look into the details of ION Media Networks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ION Media Networks. The employee data is based on information from people who have self-reported their past or current employments at ION Media Networks. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ION Media Networks. The data presented on this page does not represent the view of ION Media Networks and its employees or that of Zippia.
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.