Yossi Maiman announces end of financial backing to Channel 10

By JPOST.COM STAFF
July 13, 2009 15:10

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Yossi Maiman, the majority shareholder in Channel 10, announced on Monday that he would stop funding the television channel as of the beginning of August. Speaking at a media conference arranged by the daily newspaper Globes, Maiman said that the decision was shared by partners Arnon Milchan, Ron Lauder and Rupert Murdoch. "My shoulders are just not broad enough," Maiman said. Following the announcement, Channel 10 CEO Yossi Varshavsky convened an emergency meeting, in which he warned of the dangers of having only one Israeli commercial television channel on the air. He also called on the finance and communication ministers to "get into a room and not leave till a solution is found" and funding for the channel allocated.

Related Content

Breaking news
July 18, 2018
12 Palestinians arrested overnight by security forces

By JERUSALEM POST STAFF