Cincinnati’s EW Scripps buys ION Media, the national network originally called PAX TV, which distributes programming on its 71 stations in 62 markets and 124 affiliate television stations, reaching 96% of all US households. Scripps will pay $2.65 billion for West Palm Beach, Fla.-based ION Media. Warren Buffett’s Berkshire Hathaway will make a $600 million […]
