ION Media Networks (formerly known as Paxson Communications) is an American television broadcasting company that owns and operates over 60 television stations in most major American markets. It is now a privately owned company.
The company was founded in 1984 by Lowell W. "Bud" Paxson in Florida. The company purchased radio stations and a couple television stations, eventually becoming Florida's largest radio group. The radio stations ranged from...
more
ION Media Networks (formerly known as Paxson Communications) is an American television broadcasting company that owns and operates over 60 television stations in most major American markets. It is now a privately owned company.
The company was founded in 1984 by Lowell W. "Bud" Paxson in Florida. The company purchased radio stations and a couple television stations, eventually becoming Florida's largest radio group. The radio stations ranged from rock to CHR to adult contemporary to news and talk. The television stations were network affiliates of ABC and NBC. In 1993 the company began to purchase stations on the outer fringes of large television markets. These stations would air ValueVision shopping, infomercials, and religious programs.
The company divested itself of both the radio group and major-network affiliated television stations in 1998, focusing on building its own independent TV network, "PAX TV". The company focused on acquiring UHF television stations. Some of these...
less
