Tuesday, September 25, 2012

SHELDON ADELSON IS ALSO A THREAT IN ISRAEL

He's giving away copies of his right-wing paper in Israel and that has caused at least one competitor to close. I expect he would love to do the same in America.
Iconic Israeli newspaper on the verge of collapse
By ARON HELLER | Associated Press – 43 mins ago

JERUSALEM (AP) — Throughout much of Israel's history, the Maariv daily was known as the "country's paper," the newspaper with the highest circulation and a cornerstone of Israeli media. Now it is on its last legs — the victim, some say, of a Jewish-American billionaire who is a close friend of Prime Minister Benjamin Netanyahu.

Casino mogul Sheldon Adelson launched his free "Israel Hayom" or "Israel Today" daily five years ago. The tabloid has steadily gobbled up market share since then. Handed out by ubiquitous distributors clad in red overalls at busy intersections, it has become the most read newspaper in Israel.

The 64-year-old Maariv has suffered in the fallout. The newspaper was sold this month by its cash-strapped owner to a rival publisher. Most of its 2,000 employees are facing likely dismissals.

Besides its flattering coverage of Netanyahu and questionable political agenda, critics charge that its cheap ads and deep pockets are running everyone else out of business.

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