UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 1522, 2007

ION Media Networks, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)


Delaware	1-13452	59-3212788
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

601 Clearwater Park Road, West Palm Beach, Florida		33401
_________________________________ (Address of principal executive offices)		___________ (Zip Code)


Registrant’s telephone number, including area code:		561-659-4122

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 75.0102 ~~Regulation~~Departure FDof ~~Disclosure~~Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

OnEffective June 1522, 2007, the Board of Directors (the "Board") of ION Media Networks, Inc. (the "Company") ~~issued~~appointed aTodd ~~press~~E. ~~release~~Gjervold, ~~announcing~~an ~~that~~employee onof ~~June~~Citadel 13Investment Group, ~~2007~~L.L.C., as a ~~complaint~~director ~~was~~of ~~filed against~~ the Company. ~~and~~Mr. ~~seven~~Gjervold is not expected to be named to any committee of the ~~Company’s~~Board.Mr. ~~directors~~Gjervold was appointed to the Board in accordance with the ~~Court~~terms of ~~Chancery~~the ofMaster Transaction Agreement (the ~~State~~"Master Transaction Agreement"), dated as of ~~Delaware~~May in3, 2007, by and ~~for~~among ~~New~~the ~~Castle~~Company, ~~County~~NBC byUniversal, aInc., ~~group~~NBC ofPalm ~~plaintiffs~~Beach ~~purporting~~Investment I, Inc., NBC Palm Beach Investment II, Inc. and CIG Media LLC ("CIG Media"). Pursuant to ~~hold~~the ~~shares~~Master Transaction Agreement, from and after the closing of CIG Media's tender offer for the Company's 13outstanding ~~1/4%~~shares ~~Cumulative~~of ~~Junior~~Class ~~Exchangeable~~A ~~Preferred~~Common Stock~~. The~~, ~~text~~CIG ofMedia has the ~~press~~right ~~release~~to isdesignate ~~attached~~up ~~hereto~~to astwo ~~Exhibit~~directors ~~99.1.~~of ~~Exhibit~~the 99Company.1 ~~shall~~On ~~not~~May be4, ~~deemed~~2007, ~~"filed"~~CIG ~~for~~Media ~~purposes~~commenced ofa ~~Section~~cash 18tender offer to purchase any and all shares of the ~~Securities~~Company's ~~Exchange~~Class ~~Act~~A Common Stock at a price of ~~1934~~$1.46 per share. The initial tender offer period closed on June 1, as2007 ~~amended~~and (the ~~"Exchange~~subsequent ~~Act")~~offering period closed on June 15, or2007. ~~incorporated~~CIG Media then exercised its right by ~~reference~~designating inMr. ~~any~~Gjervold ~~filing~~for ~~under~~appointment to the ~~Securities~~Board.Mr. ~~Act~~Gjervold is an employee of ~~1933,~~Citadel asInvestment ~~amended~~Group, orL.L.C., ~~the~~which ~~Exchange~~is ~~Act,~~an ~~except~~affiliate asof ~~shall~~CIG Media. For a description of transactions which may be ~~expressly~~reportable ~~set~~under ~~forth~~Item 404(a) of Regulation S-K, see the description of the transactions contemplated by ~~specific~~the ~~reference~~Master Transaction Agreement in ~~such~~the aCompany's ~~filing~~Current Report on Form 8-K filed on May 10, 2007, which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) ExhibitsThe following item is furnished as an Exhibit to this report:99.1 Press Release of ION Media Networks, Inc. dated June 15, 2007.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ION Media Networks, Inc.
June 15, 2007	By:	Adam K. Weinstein
June 22, 2007	By:	Adam K. Weinstein
		Name: Adam K. Weinstein
		Title: Senior Vice President, Secretary and Chief Legal Officer

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Exhibit Index

Exhibit No.		Description
99.1		Press Release of ION Media Networks, Inc. dated June 15, 2007.

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