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ION Media Networks, Inc. (AMEX:ION) today announced a multi-year
acquisition deal with CBS Television Distribution to air the highly
rated, hour-long television news program, “48
Hours,” on ION Television, its flagship
television network reaching over 93 million homes. Hosted by Erin
Moriarty, one of the veteran CBS News correspondents of “48
Hours,” the show will appear weeknights on ION
Television beginning in the fourth quarter of 2007.
In its unique approach, “48 Hours”
delves into a single subject, examining it from several angles with
in-depth coverage and an action-driven style. The Emmy®
award-winning newsmagazine blends real-life news events with expert
storytelling, shedding new light on true-crime cases and examining
issues facing everyday Americans.
Under terms of the agreement, previously aired installments of “48
Hours” will be updated with new graphics and
wraps by Ms. Moriarty, who will provide the audience with new findings
in ongoing investigations. Ms. Moriarty has been a correspondent for “48
Hours” since June 1990 and has a law degree.
She previously had been the consumer correspondent for “CBS
This Morning” and the “CBS
Evening News.”
“‘48 Hours’
is quality, contemporary, versatile programming with great appeal for
our family-oriented audiences,” said Brandon
Burgess, CEO, ION Media Networks. “We are
very pleased with this CBS content relationship, as we look to grow the
ION Television network in coming years, through programming
relationships with quality suppliers.”
“Providing an excellent mix of mystery, drama
and reality, ‘48 Hours’
is one of television’s most successful
newsmagazine programs,” said Stacey Nagel
Galper, SVP of Programming and Strategic Planning for ION Media
Networks. “For ION Television, it adds a dose
of mystery and suspense to our generally light-hearted and upbeat
weekday schedule. We are also very pleased to have a well-respected and
leading broadcast journalist, Erin Moriarty, as our host.”
This new agreement is part of ION Media Network’s
ongoing initiative to add new, compelling programming from leading
content providers that blends with the network’s
signature quality content. Last fall, RHI Entertainment and ION Media
Networks announced a new partnership, whereby RHI serves as the
exclusive television programming supplier on Friday, Saturday and Sunday
nights. Since the start of the RHI and ION partnership, which began the
weekend of June 29th with the digitally
re-mastered, Emmy® award-winning miniseries Lonesome
Dove, Saturday night household impressions have experienced a 55
percent increase over season-to-date figures.
Killer Wave, an action-disaster miniseries starring Tom
Skerritt, is the first of 12 original productions from RHI to air on ION
Television. The four-hour miniseries, which will debut in its entirety
on Sunday, August 5th, features Angus Macfayden
(Braveheart, Alias, Saw 3), Steven McHattie (A History of
Violence, Seinfeld) and Karine Vanasse (Head in the Clouds, Set
Me Free).
About ION Media Networks
ION Media Networks, Inc. owns and operates the nation’s
largest broadcast television station group and ION Television, reaching
over 93 million U.S. television households via its nationwide broadcast
television, cable and satellite distribution systems. ION Television
currently features popular TV series and movies from the award-winning
libraries of Warner Bros., Sony Pictures Television and CBS Television,
among others. ION Media also has partnered with RHI Entertainment, which
owns over 4,000 hours of acclaimed television content, to provide
weekend primetime programming consisting of exclusive original
programming and quality library titles. Utilizing its digital
multicasting capability, the company has launched several new digital TV
brands, including qubo, a television and multimedia network for children
formed in partnership with several leading media and entertainment
companies, and ION Life, a television and multimedia network dedicated
to health and wellness for consumers and families. For more information,
please visit www.ionmedia.tv.