ION MEDIA NETWORKS, INC. et al. CREDITORS’ COMMITTEE WEBSITE

Ion Media Networks, Inc.
http://www.ionmedia.com/
Bankruptcy petition filed: May 19, 2009
Case No. 09-13125 (JMP) (Southern District of New York)
Committee Appointed: June 23, 2009

Docket

INFORMATION FOR UNSECURED CREDITORS

Any and all questions to the Official Committee of Unsecured Creditors or its counsel should be submitted by an e-mail addressed to: .

The Debtors have established a bankruptcy information website at: http://www.kccllc.net/ion.

The Debtors have set up an information line at 866-967-0678 (International dialers please call 310-751-2678).

PROOFS OF CLAIM

Where to file proofs of claim:

ION Media Claims Processing Center
c/o Kurtzman Carson Consultants
2335 Alaska Avenue
El Segundo, CA 90245
T: 866-967-0678

Proof of Claim Form 

PLAN AND DISCLOSURE STATEMENT

Disclosure Statement
Order Approving Disclosure Statement
Court's Order Confirming Plan
Confirmed Plan of Reorganization
Court's Written Decision Confirming Plan

UPCOMING DATES

October 29, 2009 at 12:00 p.m. (E.T.): Deadline to submit objections to Plan Confirmation (see below for Plan Confirmation Objection Instructions).

October 30, 2009 at 5:00 p.m. (E.T.): Voting Deadline for the First Modified Joint Plan of Reorganization

November 3, 2009 at 10:00 a.m. (E.T.): Plan Confirmation Hearing

November 13, 2009 at 5:00 p.m. (E.T.): BAR DATE: Deadline to Submit Proof(s) of Claim

November 13, 2009: Debtors’ Exclusivity Period to solicit acceptance of their plan of reorganization expires

November 16, 2009 at 5:00 p.m. (E.T.): BAR DATE: Deadline to Submit Governmental Proof(s) of Claim

GENERAL INFORMATION

Each of the 117 Debtors filed for bankruptcy protection in the Bankruptcy Court for the Southern District of New York on May 19, 2009. The Debtors’ cases are jointly administered under Case No. 09-13125 (JMP).

The location of the corporate headquarters for all Debtors except ION Media of New York, Inc. is: 601 Clearwater Park Road, West Palm Beach, Florida 33401-6233.

The location of the corporate headquarters for ION Media of New York, Inc. is: 1330 Avenue of the Americas, New York, New York 10019.

The service address for all of the Debtors is: 1330 Avenue of the Americas, New York, New York 10019.

The Debtors: The Debtors in these chapter 11 cases are: ION Media Networks, Inc.; America 51, L.P.; ION Media Akron License, Inc.; ION Media Albany License, Inc.; ION Media Atlanta License, Inc.; ION Media Battle Creek License, Inc.; ION Media Boston License, Inc.; ION Media Brunswick License, Inc.; ION Media Buffalo License, Inc.; ION Media Charleston License, Inc.; ION Media Chicago License, Inc.; ION Media Dallas License, Inc.; ION Media Denver License, Inc.; ION Media Des Moines License, Inc.; ION Media Entertainment, Inc.; ION Media Greensboro License, Inc.; ION Media Greenville License, Inc.; ION Media Hartford License, Inc.; ION Media Hawaii License, Inc.; ION Media Hits, Inc.; ION Media Holdings, Inc.; ION Media Houston License, Inc.; ION Media Indianapolis License, Inc.; ION Media Jacksonville License, Inc.; ION Media Kansas City License, Inc.; ION Media Knoxville License, Inc.; ION Media Lexington License, Inc.; ION Media License Company, LLC; ION Media Los Angeles License, Inc.; ION Media LPTV, Inc.; ION Media Management Company.; ION Media Martinsburg License, Inc.; ION Media Memphis License, Inc.; ION Media Milwaukee License, Inc.; ION Media Minneapolis License, Inc.; ION Media New Orleans License, Inc.; ION Media of Akron, Inc.; ION Media of Albany, Inc.; ION Media of Atlanta, Inc.; ION Media of Battle Creek, Inc.; ION Media of Birmingham, Inc.; ION Media of Boston, Inc.; ION Media of Brunswick, Inc.; ION Media of Buffalo, Inc.; ION Media of Cedar Rapids, Inc.; ION Media of Charleston, Inc.; ION Media of Chicago, Inc.; ION Media of Dallas, Inc.; ION Media of Denver, Inc.; ION Media of Des Moines, Inc.; ION Media of Detroit, Inc.; ION Media of Fayetteville, Inc.; ION Media of Greensboro, Inc.; ION Media of Greenville, Inc.; ION Media of Hartford, Inc.; ION Media of Honolulu, Inc.; ION Media of Houston, Inc.; ION Media of Indianapolis, Inc.; ION Media of Jacksonville, Inc.; ION Media of Kansas City, Inc.; ION Media of Knoxville, Inc.; ION Media of Lexington, Inc.; ION Media of Los Angeles, Inc.; ION Media of Louisville, Inc.; ION Media of Martinsburg, Inc.; ION Media of Memphis, Inc.; ION Media of Miami, Inc.; ION Media of Milwaukee, Inc.; ION Media of Minneapolis, Inc.; ION Media of Nashville, Inc.; ION Media of New Orleans, Inc.; ION Media of New York, Inc.; ION Media of Norfolk, Inc.; ION Media of Oklahoma City, Inc.; ION Media of Orlando, Inc.; ION Media of Philadelphia, Inc.; ION Media of Phoenix, Inc.; ION Media of Portland, Inc.; ION Media of Providence, Inc.; ION Media of Raleigh, Inc.; ION Media of Roanoke, Inc.; ION Media of Sacramento, Inc.; ION Media of Salt Lake City, Inc.; ION Media of San Antonio, Inc.; ION Media of San Jose, Inc.; ION Media of Scranton, Inc.; ION Media of Seattle, Inc.; ION Media of Spokane, Inc.; ION Media of Syracuse, Inc.; ION Media of Tampa, Inc.; ION Media of Tulsa, Inc.; ION Media of Washington, Inc.; ION Media of Wausau, Inc.; ION Media of West Palm Beach, Inc.; ION Media Oklahoma City License, Inc.; ION Media Orlando License, Inc.; ION Media Philadelphia License, Inc.; ION Media Portland License, Inc.; ION Media Publishing, Inc.; ION Media Raleigh License, Inc.; ION Media Sacramento License, Inc.; ION Media Salt Lake City License, Inc.; ION Media San Antonio License, Inc.; ION Media San Jose License, Inc.; ION Media Scranton License, Inc.; ION Media Songs, Inc.; ION Media Spokane License, Inc.; ION Media Syracuse License, Inc.; ION Media Television, Inc.; ION Media Tulsa License, Inc.; ION Media Washington License, Inc.; ION Media Wausau License, Inc.; ION Media West Palm Beach Holdings, Inc.; ION Media West Palm Beach License, Inc.; ION Television Net, Inc.; Ocean State Television, L.L.C.; Open Mobile Ventures Corporation.

DEBTORS’ BUSINESSES

The Debtors, along with their non-Debtor affiliates, operate the largest privately-held commercial television broadcast group in the United States in terms of U.S. household coverage (as defined by Nielson Media Research), comprising 30 full-power and low-power television stations in 22 markets cross the United States. The Debtors operate 13 of these television stations, in the markets of Fresno, California (two stations); San Francisco, California; Omaha, Nebraska (two stations); Greensboro, North Carolina; Sioux City, Iowa (two stations); Houston, Texas; El Paso, Texas; Reno, Nevada (two stations); and Yakima-Walla Walla, Washington.

As of March 1, 2008, the Debtors reportedly had total consolidated assets (book value) of approximately $459,643,677 and consolidated liabilities, including intercompany debt and debt to equity holders, of $536,912,788. As of the petition date, the Debtors employed approximately 564 people.

DEBTORS’ COUNSEL and CLAIMS AGENT

DEBTORS’ COUNSEL	CLAIMS AGENT
Bankruptcy Counsel:
Kirkland & Ellis LLP Citigroup Center 153 E. 53rd Street New York, N 10022-4645 Phone: 212-446-4927 Fax: 212-446-4900	Kurtzman Carson Consultants LLC 2335 Alaska Avenue El Segundo, CA 90245 Phone: (866) 381-9100 Fax: (310) 823-9133 www.kccllc.net/ion
Jonathan S. Henes E-mail: Joshua Sussberg E-mail:   Corporate Counsel: Holland & Knight 222 Lakeview Avenue Suite 1000 West Palm Beach, FL 33401 Phone: 561-650-8314 David Perry E-mail:

OFFICIAL COMMITTEE OF UNSECURED CREDITORS MEMBERS

COMMITTEE MEMBER	COMMITTEE MEMBER COUNSEL
Manufactures & Traders Trust Company as Successor Indenture Trustee 25 South Charles Street 16th Floor [Tuesday thru Thursday] Mail Code: MD2-CS58 Baltimore, MD 21201 Phone: 410-244-4238 Fax: 410-244-4236 Robert D. Brown, CCTS Administrative Vice President and Regional Manager-Corporate Trust Services	Drinker Biddle & Reath LLP 140 Broadway, 39th Floor New York, NY 10005 Phone: 212-248-3170 Fax: 212- 248-3141 Stephanie Wickouski
CBS Studio, Inc. and King World Prods, Inc. CBS Television Distribution 2401 Colorado Avenue, Suite 110 Santa Monica, California 90404 Kimberly J. Fitzgerald Senior Vice President, Business Affairs & Legal Phone: 310-264-3495 Fax: 310-264-3517 Nicole Harris-Johnson, Esq. Senior Attorney Phone: 310-264-3428 Fax: 310-264-3561
U.S. Bank National Association 633 W. 5th Street, 24th Floor Los Angeles, CA 90071 Stephen Rivero Phone: 213-615-6046 Fax: 213-615-6196	Kelley Drye & Warren LLP 101 Park Avenue New York, New York 10178 James S. Carr, Esq. Phone: 212-808-7955 Fax: 212-808-7897   Gabrielle Albert Rohwer Tel: 212-808-7591 Fax: 212-808-7897
Richland Towers - NYC LLC 4100 Newport Place, Suite 800 Newport Beach, CA 92660 Phone: (949) 261-7010 Fax: (949) 261-7016 and 4100 North Ashley Drive, Suite 3010 Tampa, FL 33602 Phone: (813) 286-4140 Fax: (813) 286-4130 John Troutman, VP, Chief Legal Counsel Dale West, VP David Denton, VP

OFFICIAL COMMITTEE OF UNSECURED CREDITORS COUNSEL

Lowenstein Sandler PC 65 Livingston Avenue Roseland, New Jersey 07068 Phone: 973-597-2500 Fax: 973-597-2400 www.lowenstein.com  Sharon L. Levine, Esq. Direct Dial: 973-597-2374 Direct Fax: 973-597-2375 Email: Wojciech F. Jung, Esq. Direct Dial: 973-597-2464 Direct Fax: 973-597-2465 E-mail: Suzanne Iazzetta, Esq. Direct Dial: 973-422-6708 Direct Fax: 973-422-6709 Email:

OFFICIAL COMMITTEE OF UNSECURED CREDITORS FINANCIAL ADVISORS

Chanin Capital Partners 55 East 52nd Street 31st Floor New York, NY 10055 and 11150 Santa Monica Blvd. 6th Fl. Los Angeles, CA 90025
Russ Belinsky Senior Managing Director Phone: 310-445-4010 Fax: 310-445-4028 Cell: 310-435-8745   Bob Nabholz Managing Director Phone: 212-450-2855 Fax: 917-267-7060 Cell: 917-816-6511	John Madden Director Phone: 212-277-0126 Fax: 917-720-8664 Cell: 310-920-3640

DEBTORS’ FINANCIAL ADVISOR AND INVESTMENT BANKER

Moelis and Company 245 Park Avenue 32nd Floor New York, NY 10167 Phone: 212-880-7300 Fax: 212-880-4260      www.moelis.com

OFFICE OF THE UNITED STATES TRUSTEE

Susan D. Golden Office of United States Trustee, SDNY 33 Whitehall Street New York, NY 10004 Phone: 212-510-0500 Fax : 212-668-2255 Email:

THE CHAPTER 11 PROCESS

Chapter 11, entitled Reorganization, ordinarily is used by commercial enterprises that desire to continue operating a business and repay creditors concurrently through a court-approved plan of reorganization. The chapter 11 debtor usually has the exclusive right to file a plan of reorganization for the first 120 days after it files the case and must provide creditors with a disclosure statement containing information adequate to enable creditors to evaluate the plan. The court ultimately approves (confirms) or disapproves the plan of reorganization. Under the confirmed plan, the debtor can reduce its debts by repaying a portion of its obligations and discharging others. The debtor can also terminate burdensome contracts and leases, recover assets, and rescale its operations in order to return to profitability. Under chapter 11, the debtor normally goes through a period of consolidation and emerges with a reduced debt load and a reorganized business.