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Arutz-7 to End Financial Support of Ha'aretz

By Jewish Press News Desk

|

May 19, 2015, 8 AM ET

Arutz-7's Hebrew weekly print edition, BaSheva, will stop supporting the far-left Ha'aretz corporation at the end of the year when it switches printing houses.

Currently BaSheva uses the "Ha'aretz-The Marker" group's printing house to the tune of an estimated NIS 2 million shekels a year, according to a Globes report.

In 2016, they will move their printing over to Yisrael Hayom's printing house.

After receiving 90 days notice, Ha'aretz took Basheva to court to stop them from leaving this June, but on Sunday a Lod district court judge reached a compromise between the two, where BaSheva would stay on until the end of the year.

Ha'aretz claimed the contract required BaSehva to stay on until 2017, whereas BaSheva said that date was conditional on other factors.

The Yisrael Hayom printing house used to belong to the Maariv newspaper. It was acquired by Sheldon Adelson, who then moved Yisrael Hayon's daily printing run away from Ha'aretz to its new home. That move cost Ha'aretz tens of millions of shekels.

Ha'aretz was once the main printing house for a number of the newspapers in Israel.

The Yisrael Hayom printing deal is said to be dozens of percents cheaper for Basheva than the lowest Ha'aretz bid.

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