Economics Committee delays vote on Channel 10’s future

Committee delays vote on whether to give financially ailing Channel 10 an extra year to repay NIS 60 million in debts.

Knesset session 311 (photo credit: Courtesy)
Knesset session 311
(photo credit: Courtesy)
The Knesset Economics Committee delayed a vote Wednesday on whether to give financially ailing Channel 10 an extra year to repay NIS 60 million in debts.
Channel 10 CEO Yossi Varshavsky appealed for a repeat vote after the committee decided last week to hold television broadcasters to their agreement to repay debts by the end of 2011.
Committee chairman Carmel Shama-Hacohen (Likud) said the vote was postponed to give Channel 10 more time to arrange some sort of compromise on the matter.

He said Varshavsky had shown him data that gave hope of a solution next week.
But even if the debt repayment was postponed, Shama-Hacohen said, “a network that requests the goodwill of politicians each year is not an independent network.