The big Israeli TV station 13 Reshet has finished a deal where its managers buy it from Len Blavatnik’s company, Access Industries, and Warner Bros. Discovery.)
In March 2025, a group of investors, headed by Emiliano Calemzuk from Reshet 13, gained control over the Israeli broadcaster with a 74% ownership share. Consequently, Access Industries and Warners reduced their ownership stake to 26%.
The transaction finalizes a shift in ownership for the Hebrew-speaking Israeli TV station run by Reshet Media, famous for shows like Netflix’s “Blackspace,” “Oz’s List,” and the documentary “The Journey of Oz Davidian” about the October 7, 2023 terrorist attack on Israel. Access Industries and WBD have previously been major investors in Reshet 13, but they are now decreasing their stake. As a result, employees will now have the opportunity to take part in a future stock option plan.
We’re honored to have backed Reshet 13 as it plays a crucial role in the state of Israel and fortifies its vibrant democracy. Moving towards employee and management ownership is a logical progression, setting Reshet 13 up for future success and growth.” (Access Industries and WBD declared in a joint statement.)
2021 saw me, as a fan, excitedly witness Discovery Communications acquiring a 21% share in Reshet 13. Access Industries already held a significant 52%, with Israeli investors making up the rest. Most recently, Blavatnik consented to transfer his majority ownership to the channel’s management and new investors, ensuring Reshet 13 remains operational as it undergoes restructuring and seeks fresh growth capital.
Emiliano Calemzuk, CEO stated: “Reshet 13 needs robust partners to move into its next stage. The exceptional dedication demonstrated by Len Blavatnik, Access Industries, and WBD in securing the channel’s longevity will now be mirrored by new investors to guarantee Reshet’s future as a platform for free speech and varied viewpoints within Israeli society.
Calemzuk is supported financially by a group of investors that primarily come from Israel and other countries, with most being involved in the fields of media, entertainment, and technology. Reshet 13 aims to regain its financial stability and become profitable again by 2026.
The transfer of ownership for the broadcasting station is yet pending approval from Israel’s Second Authority for Television and Radio, the regulatory body responsible for commercial broadcasters.
Read More
- Ludus promo codes (April 2025)
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- Cookie Run: Kingdom Topping Tart guide – delicious details
- Grand Outlaws brings chaos, crime, and car chases as it soft launches on Android
- Grimguard Tactics tier list – Ranking the main classes
- Unleash the Ultimate Warrior: Top 10 Armor Sets in The First Berserker: Khazan
- Seven Deadly Sins Idle tier list and a reroll guide
- Maiden Academy tier list
- ‘SNL’ Spoofs ‘The White Lotus’ With Donald Trump Twist: “The White POTUS”
- Tap Force tier list of all characters that you can pick
2025-04-21 21:24