Two poly(p-phenylenevinylene) derivative alternating copolymers (P1-I and P2-I) have been prepared featuring iodo substituents and m-phenylene units to periodically disrupt conjugation. P1-I was derivatized with various chromophores to yield P1a-f. In P1a-f, the chromophores were positioned within a sterically protected pocket shielding them from interchain interactions so that intrachain interactions between polymer segments could be observed. Solution and film properties of polymers have been examined. Post-polymerization chromophore modification leads to new photophysical properties such as intramolecular charge transfer and fluorescent resonance energy transfer processes in some cases.