Future of Channel 10 Brighter, as State Agrees to NIS 65 Million Loan

Israel has agreed to loan Channel 10 NIS 65 million as part of a plan to help it repay its longstanding debts to the government.

Financially troubled Channel 10 has reached an agreement with the Finance Ministry and the Prime Minister's Office on a payment plan for an old debt it owes the government. The deal taking shape is based on a plan worked out by Prime Minister Benjamin Netanyahu's director general, Harel Locker, which will provide for the extension of Channel 10's license until November 2015 and give the station a government loan...