Channel 10 is still racing against time. Four days now remain before the Second Authority for Television and Radio forecloses the channel's guarantees, and a week is left before its license expires and the channel is completely closed down. Sources inform "Globes" that Channel 10 CEO Yossi Warshavsky and Irit Eluz, who represents Yossi Maiman, are continuing their efforts to find additional investors for the channel, now that it appears that Shlomo Nehama will not meet the channel's deadline. Negotiations are currently taking place with a group of investors, who appear to be warming to the idea. Meanwhile, despite the fact that the Second Authority says that it is legally barred from doing anything other than granting a license if Channel 10 meets its obligations, and the fact that Prime Minister and acting Minister of Communications Benjamin Netanyahu has not yet expressed his opinion on the matter, the possibility is emerging of Netanyahu granting the channel a license extension until after the elections, i.e. for three months.
At the same time, Channel 10 is continuing its normal operations in preparation for 2015. The channel today announced, together with the Yehoshua Rabinovich Foundation for the Arts, that it was inviting production companies and producers to submit bids for producing a documentary film of at least 40 minutes to mark the 20th anniversary of the murder of the late Yitzhak Rabin, to be broadcast in November 2015. The channel also announced that the total budget for the film would be no less than NIS 500,000, NIS 300,000 of which the channel would provide.
Published by Globes [online], Israel business news - www.globes-online.com - on December 24, 2014
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