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April 19, 2014 / 19 Nisan, 5774
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Posts Tagged ‘Ben Zvi’

Makor Rishon Buys Maariv

Sunday, September 9th, 2012

As JewishPress.com first reported last Thursday, Shlomo Ben-Zvi, the publisher of the national-religious paper Makor Rishon announced the purchase of the struggling Maariv newspaper on Friday. Maariv is the 3rd largest paper in Israel. It was owned by Nochi Dankner and IDB, and had recently announced it would be going completely digital, except for the weekend editions.

The sale was for NIS 85 million shekels.

Ben-Zvi plans to retain only up 15% of the current Maariv staff, mostly editorial personnel.

Makor Rishon does not own a printing press and outsources its printing, and perhaps surprisingly, Ben-Zvi did not purchase Maariv’s printing press. Leaving open the possibility that Yisrael Hayom may still eventually purchase it.

Ben-Zvi lives in Efrat.

Makor Rishon to Buy Maariv?

Thursday, September 6th, 2012

Globes is reporting that Shlomo Ben-Zvi, one of the owners of the religious Israeli newspaper, Makor Rishon, is in advanced talks with Maariv owner Nochi Dankner to buy the Maariv newspaper.

The report said that Ben-Zvi doesn’t plan to buy the debt of the paper, just the assets, including the Maariv brand name and control.

The deal is estimated in the tens of millions of shekels.

Printed from: http://www.jewishpress.com/news/breaking-news/makor-rishon-to-buy-maariv/2012/09/06/

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