Endemol Buys 33 Percent of Israel's Reshet Television (Reports)

One of the most successful TV networks in Israel, Reshet is one of the companies behind Israel's top broadcaster Channel 2. Television production giant Endemol has signed a deal to take a 33 percent stake in Reshet TV, one of the companies behind leading Israeli commercial broadcaster Channel 2, according to local media reports. The deal, which will still have to get regulatory approval from Israeli authorities, will see Reshet's current shareholders, the Ofer Brothers Group and Israeli business...