Channel 10 television began broadcasting its prime-time 8 P.M. news program from new studios in Jerusalem last week.
The facility cost around NIS 4 million to build, with equipment costs adding NIS 16 million to the cost. Yet the new quarters, on the ground floor of Jerusalem Capital Studios near the western entrance to the capital, are meant to be temporary: The final destination of the channel’s news operation, including the NIS 16 million in new equipment, is the roof of the building.
The law required the move to Jerusalem, which is one step in the station's efforts to secure a new 15-year license. If the station also fulfills terms related to the production of original content, Channel 10 can apply for the long-term license by the end of the year, station sources said.
JCS is owned by World Jewish Congress president and cosmetics empire heir Ron Lauder, who is also the dominant shareholder in Channel 10. The channel’s news operations had been in the Tel Aviv suburb of Givatayim.
Channel 2 moved its news operations to studios in Neveh Ilan, just west of the capital. State broadcaster Channel 1 has been a longtime fixture in Jerusalem. "The move by the news corporation of Channel 10 to Jerusalem is a requirement of the law," said Avi Balashnikov, the station's chairman, "and we are happily carrying out this requirement with a very major investment. We decided that the move by the news corporation would be made not just to comply with the law but as part of a long-term perspective, part of an investment plan in Channel 10 and Channel 10 news over the long term."
For his part, the CEO of Channel 10 news, Rafi Ginat, noted that the station had taken on a number of obligations in connection to the effort to secure a 15-year operating license. He said that shareholders gave their unreserved support to these commitments.