Lauder says will sign draft saving Channel 10 - Israel News, Ynetnews

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Lauder says will sign draft saving Channel 10

Published: 12.02.12, 15:11 / Israel News

Channel 10 owner, Ron Lauder, said in a press conference that he was willing to sign the Finance Ministry draft in order to prevent channel 10 from shutting down.


According to the draft, Lauder will provide NIS 80 million (about $21 million) over the following months in return to extending his concession for three years. Lauder added that in case the government failed to sign the draft, the media channel would be closed next month. (Yaara Yaakov)


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