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August 02, 2015 10:49 PM ET

Media

Company Overview of ION Media Networks, Inc.

Company Overview

ION Media Networks, Inc. operates as a general entertainment network that combines programming and dependable distribution for homes via cable, satellite, telco, and broadcast distribution in the United States. It offers lifestyle programs, age-appropriate programming for age group of 5 to 8 years old, live local and national news, and sports and entertainment. The company was formerly known as Paxson Communications Corporation and changed its name to ION Media Networks, Inc. in February 2006. ION Media Networks, Inc. was founded in 1993 and is based in West Palm Beach, Florida with corporate offices in Tampa, Florida; Los Angles, California; and New York, New York.

601 Clearwater Park Road

West Palm Beach, FL 33401-6233

United States

Founded in 1993

453 Employees

Phone:

561-659-4122

Fax:

561-659-4252

Key Executives for ION Media Networks, Inc.

Chairman, Chief Executive Officer and President
Age: 47
Founder and Chairman Emeritus
Age: 79
Chief Financial Officer
President of Broadcast Distribution and Southern Region
President of Engineering
Compensation as of Fiscal Year 2015.

ION Media Networks, Inc. Key Developments

ION Media Networks, Inc. Expects to Pay Dividend to Common Stockholders

ION Media Networks, Inc. is announced that it expects to pay a dividend to its common stockholders of approximately $225 million. ION currently expects that the dividend record date will be December 2, 2014. The per share dividend amount will be determined based on the aggregate number of common shares outstanding at the close of business on the record date.

ION Media Networks, Inc. Announces Expected Dividend

ION Media Networks, Inc. is announced that it expects to pay a dividend to its common shareholders of approximately $720 million. ION currently expects that the dividend record date will be December 18, 2013. The per share dividend amount will be determined based on the aggregate number of common shares outstanding at the close of business on the record date, taking into account exercise activity in ION's outstanding warrants.

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Recent Private Companies Transactions

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