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ION MEDIA NETWORKS ANNOUNCES EXPECTED DIVIDEND

WEST PALM BEACH, Fla., Nov. 25, 2014 (GLOBE NEWSWIRE) -- ION Media Networks, Inc. is announcing today 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.

CONTACT: Contact: Rob LaRoche robertlaroche@ionmedia.com

Source:Ion Media Networks, Inc.