Israel's Cable TV Companies Won't Get Own News Channels Just Yet

Communications minister backs down from plan to grant HOT and Yes with permits to establish own news channels; MK Shelly Yacimovich slams plan as attempt to wield power over politicians and regulators.

Communications Minister Gilad Erdan has backed down from a plan to grant the owners of cable TV company HOT and satellite TV company Yes permits to establish their own news channels, as part of the Economic Arrangements Bill. Instead, the plan will go through the legislative process on its own.