NBCU transferred its stake in ION to Citadel in May. NBCU is prohibited from exercising control over ION due to ownership regulations, but it will retain a minority interest.
The private-equity firm pledged to invest $100 million in the 60-station group.
ION airs vintage programming such as Alice, Who’s the Boss? and the recently acquired Drew Carey Show.
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
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