web analytics
August 2, 2014 /
Israel at War: Operation Protective Edge
 
 
News & Views
Sponsored Post
Ultimate Mission – November 2014

Don’t miss this opportunity to explore Israel off the beaten track, feel the conflict first hand, understand the security issues and politic realities, and have an unforgettable trip!



Is Sheldon Adelson Destroying Israel’s Newspapers?

According to the Israeli financial website Globes, Sheldon Adelson is in advanced negotiations to purchase the Ha’aretz printing plant. The deal is believed to be in the order of $25 million dollars.

Over the past few months, Adelson’s free daily, Yisrael Hayom, has been searching for a new printing facility to replace the Ha’aretz plant where it currently prints its daily freesheet. Ha’aretz’s plant handles the printing for a number of different newspapers.

Adelson had recently been in negotiations with Nochi Dankner, a major shareholder and chairman of publicly traded IDB Group, Israel’s largest diversified business group with assets of more than $30 billion, to purchase Ma’ariv’s Levin Epstein Printing House. But that deal apparently fell through, striking a hard blow for Ma’ariv which is desperately strapped for cash. Ma’ariv has been looking to sell the printing plant and the land it sits on.

Many Israeli newspapers have been firing staff and “streamlining” these past few months. The right-wing Makor Rishon is one notable exception to the rule.

Globes reports that Ha’aretz announced it was firing 70 employees, some 32 from their own paper, and the rest from their financial daily, The Marker. Yediot Achronot will be firing dozens, many of them likely to be dropped from its website Ynet. Ma’ariv recently shut down its weekday print run, and fired 30 employees in June.

Yediot executives are blaming Adelson and Yisrael Hayom for destroying the Israeli newspaper industry, and more specifically, for destroying Ha’aretz and Yediot Achronot with the introduction of the free daily broadsheet.

About the Author:


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

6 Responses to “Is Sheldon Adelson Destroying Israel’s Newspapers?”

  1. David Grossack says:

    If Mr. Adelson is destroying Haaretz, he is doing a service to humanity.

  2. Most of the Israeli media doesn't deserve to survive, I'd happily see Haaretz & Ynet go down the tubes. The public is sick & tired of Leftist BS. I read Israel HaYom & Arutz 7. Sheldon Adelson is a real mensch & deserving of great respect.

  3. Jerry Blaz says:

    Although Adelson is associated with strong views about economics, his interest in Israeli newspapers does not base itself on the economically feasible. He is so wealthy that what he "loses" in terms of expenses vs. monetary returns, it is "chump change." So he supports an Israeli government with his newspaper that is economically more rightwing in its economic philosophy than any previous Israeli governement, showing that he believes the ends justify the means, even if it also means that viewpoints to the left of Adelson and this Israeli government will be squelched, but "democracy" is still a nice name.

  4. Ltc Howard says:

    This is self-serving nonsense. Time magazine, Newsweek, etc. are hurting. The economist is thriving. The New York Times is hurting. The Wall Street Journal is thriving. As a reader of all these papers I find Haaretz to be deceptive and the source of much anti-Semitic and anti-Israel comments in the rest of the press throughout the world. Unfortunately, too many Israeli newspeople believe it is their God given right to attack Netanyahu and pontificate on numerous items that they have no knowledge of and certainly no responsibility with. No, it's not Mr. Adelson who is destroying Haaretz. It is the writers, editors and owners of Haaretz constantly get caught saying one thing and Hebrew and another thing in English.

  5. David Conley says:

    That's what you get when a newspaper prints the facts and leaves out the bs…success!

  6. A big fat disgusting BS!!! Even Yisrael Hayom is *NOT* a staunchly conservative newspaper. It very often publishes leftist defamotory crap. you simply don'"t know what you're talkin' 'bout, but that's understandable being on the other side of the globe regularly brainwashed by the nonstop churning of lies and spins of the so-called liberal media whores of the alphabet soup channels and the abominable NYT, WP, HuffPo etc. etc. etc.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Cleared for Release: 2nd Lt. Hadar Goldin Abducted by Hamas, 2 IDF Soldiers Killed
Latest News Stories

We are experiencing technical difficulties, and won’t be able to fix the site before Shabbat in Israel…

The IDF has confirmed 2nd Lt. Hadar Goldin, 23 of Kfar Saba is the soldier suspected kidnapped by Hamas on Friday.

Netanyahu called Kerry onto the carpet and Kerry and Ban Ki-Moon gave their assurances.

The IDF has named the abducted soldier…

Hamas has learned the art of kidnapping from Hezbollah. Israel neeeds to figure out quickly how to deal with that.

3:31pm IDF Spox notifications: Hamas terrorists killed two IDF soldiers during the suspected kidnapping of 2nd Lt. Goldin this morning. We suspect that a group of Hamas terrorists, including a suicide attacker, kidnapped 2nd. Lt. Goldin at 9:30AM & dragged him into a tunnel. If our suspicions about today’s events are accurate, Hamas took advantage […]

This time Hamas may have succeeded in kidnapping a soldier.

Report: Hamas took advantage of the cease fire to attack IDF soldiers…

The IDF has released names of the soldier killed on Thursday night.

12:30pm Be’er Sheva Region, Ofakim… x2 10:50am Sirens at Eshkol. 10:03am – – Cease fire broken by Hamas – – Hamas fires rocket at Eshkol region. All winners, please collect your bets. No injuries were reported in the rocket strike. 9:30am Hamas hasn’t fired any rockets at Israel yet since the 8:00am cease fire went […]

If Israel finds a terror tunnel during the cease fire, do the terms of the cease fire allow it to be blown up?

Curious as to how long Israel has been rocket free? This site will tell you…

Hamas wants the Arabs in Judea and Samaria to join in…

As the 8:00am deadline for the cease fire approaches, Hamas has shot a lot rockets into Israel to get their last licks: 7:32am 08-01-2014 Bnei Ayish / Gan Yavne 7:32am 08-01-2014 Bnei Ayish / Gan Yavne 7:32am 08-01-2014 Bnei Ayish / Gan Yavne, Givati 7:31am 08-01-2014 Ashdod, Bnei Ayish / Gan Yavne, Givati 7:31am 08-01-2014 […]

Said Arikat is not just a journalist, he acts more like a lobbyist for the Palestinian Arab cause in daily press briefings at the State Department.

More Articles from Shalom Bear

Anyone taking bets on how long this cease fire will last, and how many rockets will be fired up to the last minute?

The booby-trapped building was not a UNRWA clinic, but the deceptive sign placed on the building said that it was…

Without fanfare, supermarket magnate Rami Levy has been quietly unloading truckloads of food and basics at the homes of all the fallen soldiers…

After killing 5 IDF soldiers, Hamas terrorists tried to steal the soldier’s bodies.

We’re waiting to hear back if there will be a cease fire this afternoon. The terms grant Hamas political legitimacy.

The IDF has released a list of senior Gazan terrorists who have been taken out…

Thousands of Israelis in Turkey have been trapped there due to the war with Gaza.

Israel threatened to go disproportional on Gaza, if the FAA ban on US flights to Israel wasn’t rescinded.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/is-sheldon-adelson-destroying-israels-newspapers/2012/08/14/

Scan this QR code to visit this page online: