Television jolt: Network and Channel Ten in unifying

June 15, 2018 What's cooking in the industry? 0
First publication: Israeli media explosion – Network television franchises and ten have signed a memorandum of understanding towards merging two channels, And has already filed an official request to obtain the approval of the Antitrust Commissioner. According to estimates by the, The merger is expected to happen in January
Written and edited by: Ran morning

First publication: Israeli media world bang – רשת ועשר צפויות להתמזג. זכייניות הטלוויזיה חתמו על מזכר הבנות לעסקת מיזוג, And contacted the Antitrust Authority for approval. Apparently, Following the move of Israel will broadcast two commercial channels. In the estimation of factors, The merger is expected to happen in January – If approved by the Commissioner.
“Limited advertising market in Israel does not allow the operation of three TV channels without losses of hundreds of millions of dollars a year”, Written notice issued by Network Ten. “The merger of network activity 13, Specializing in content, Formats and Reality, And channel 10, Specializing in the News, Current affairs and documentary, Will allow the merged company to maintain stable operations and offer the Israeli public a better TV, Be based on the significant investment in quality and original content, As well as to preserve media pluralism thus assuring the operations of another independent news”.

“Pursuant to the Memorandum of Understanding Signed, The merged company will be the controlling shareholder Network. Staffing jobs in the merged company will be determined only after the approval of the Commissioner and the other regulators as required, Common intention of the parties to maintain the high quality personnel of the two channels, And considering the areas of expertise of the two companies complement”, Written more.

 

אבי צבי, יוסי ורשבסקי (צילום: ינאי יחיאל, יח

Chief Executive Officer”Avi network to deer and CEO”ל עשר יוסי ורשבסקי (Photography : Yanai Yehiel, P”R. Guy Foundation, P”Czech.)

ההחלטה על מיזוג נעשתה על רקע The split of the franchise לערוצים נפרדים שהחל בראשון בנובמבר – After which began a bow and network, Channel franchisees 2 former, Separate channels broadcast seven days a week. From that day passed bow, Network, And ten broadcasting channels 12, 13 And 14 and split the channels 22 And 10. It is not clear now what channels franchisees operate after the merger and what will happen with new company 2 – Keshet and Reshet jointly hold still.

The new model created an economic burden because of the many productions and a decline in ratings. So programs like “The Amazing Race” and”Big Brother” – Reality Productions particularly costly, Who formerly ratings of about 30 percent and even more, After the split were significantly lower rating.

Contacts similar took place in the past, Even before the split, But now comes the summary stated acceptable to both sides and is only required approval by the state move.

Chief Executive Officer”To ten Yossi Varshavsky convened the workers and explained that “The merger transaction was inevitable because of the huge losses in the television market”. Varshavsky promised to call that workers' rights in the franchise will be saved.

To read the full article in Ynet Click / here

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