Israeli (newspaper)
| Type | Daily newspaper |
|---|---|
| Format | Newspaper |
| Owner(s) | Sheldon Adelson |
| Founded | January 2006 |
| Language | Hebrew, English |
| Ceased publication | 2008 |
Israeli (
The newspaper, first published in January 2006, was co-owned by Sheldon Adelson and Hirsch Media (owned by Shlomo Ben Tzvi) and published by Israeli News Ltd. Its headquarters were located on Menahem Begin Road in Tel Aviv. Its original budget was planned to be US$35 million over three to four years.
It was long suspected that the paper was losing money, but as the number of pages increased from the originally-planned sixteen to twenty-four, and often even more (up to 40), the publishers insisted that the newspaper's expanding size was a sign of strong demand from advertisers. Israeli aimed to become the second-largest paper in Israel, behind
In September 2006, it was reported in the Hebrew media that the newspaper would be offering a web portal based on news and blogs which would have some crossover to the print edition.[1]
In 2007, Adelson withdrew from the partnership because of differences of opinion and instead pursued competing options, making an unsuccessful bid to buy controlling interest in the Israeli newspaper
In January 2008, the paper was disbanded.
References
- ^ Globes.co.il
- ^ "American Billionaire Launching Free Israeli Daily". Israelnationalnews.com. Arutz Sheva. 2007-07-12. Retrieved 2008-09-01.
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