Love of the Land: Competitors try to close down new Israeli Daily

Competitors try to close down new Israeli Daily

Isi Leibler
Candidly Speaking from Jerusalem
23 December 09

Until recently, the Israeli Hebrew media was dominated by three daily newspapers. The most sophisticated daily, Haaretz, known for its far left post-Zionist agenda has a small circulation but is widely read by opinion makers.

But the market has until recently been dominated by two tabloids, Yediot Achronot and Maariv, both of which have a penchant for sensationalism.

Two years ago, a new newspaper appeared on the scene. Yisrael Hayom*. It recruited some of the best journalists, but many predicted that a paper circulated for free which based its income exclusively on advertising would not succeed. All the more so, in an environment when newspapers in Israel and throughout the rest of the world underwent difficulties as the Internet began intruding into their market and the global financial meltdown was making its impact.

But, contrary to expectations, Yisrael Hayom grew from strength to strength and has revolutionized the entire newspaper industry. Already today, it enjoys Israel’s second largest circulation and is likely to overtake the leader Yediot Achronot in the near future.

The paper was launched by US business tycoon Sheldon Adelson, one of the most generous Jewish philanthropists of our time who has distributed unprecedented amounts of money for various social causes in Israel as well as becoming the largest donor to Birthright.

The success of the newspaper is reflected in the fact that both Yediot Achronot and Maariv in desperation approached various parliamentarians beholden to them and attempted to block the newspaper by introducing legislation making it illegal for nonresidents to publish an Israeli daily newspaper.

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Love of the Land: Competitors try to close down new Israeli Daily