Channel 10 execs meet shareholder Ron Lauder in alleged bid for cash
American Jewish cosmetics heir injected around NIS 80 million into channel at start of 2013 to save the company, but even with that it failed to reach its operating break-even point.
Top executives from Israel's Channel 10 television flew to London on Monday to meet with the Jewish-American billionaire Ronald Lauder, in what may have been an attempt to raise more funds for the beleaguered channel. Station executives claimed that the meeting focused on the channel's news division, its recent move to Jerusalem and opportunities for international cooperation, among other...
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