18. ION MEDIA NETWORKS, West Palm Beach, FL
2016 Revenue: $147.9 million Stations: 62 stations in 56 markets Coverage: 64.82% Ownership: Private Key Executives: Brandon Burgess, chairman-CEO; David Glenn, co-head of TV stations operations; Terri Santisi, co-head of TV stations operations.
It received $84.6 million for selling the spectrum of two of its stations.
In May, Ion Media announced that it would move its New York transmission facilities from the Empire State Building to One World Trade Center. It will use the facility as digital broadcast hub for its New York flagship WPXN.