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.