Murdoch's Israeli TV stations.Rupert Rupert, 1352–1410, German king (1400–1410), elector palatine of the Rhine. He was elected German king after the deposition of Wenceslaus. Seeking the imperial crown, Rupert went to Italy. Murdoch's News Corp. has acquired nine percent of Israel's second commercial TV station, Channel 10. The acquisition of this stake by News Corp. will reduce the 49.9 percent stake jointly held by Ronald Louder of the famed cosmetics cosmetics, preparations externally applied to change or enhance the beauty of skin, hair, nails, lips, and eyes. The use of body paint for ornamental and religious purposes has been common among primitive peoples from prehistoric times (see body-marking). family, and Hollywood producer Arnon Milchan, in light of the regulatory constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. that currently apply to foreign investors in Israel. Milchan and Murdoch are already partners through their joint ownership of media company, Monarchy monarchy, form of government in which sovereignty is vested in a single person whose right to rule is generally hereditary and who is empowered to remain in office for life. , of which News Corp.'s Fox Entertainment Group owns 20 percent. It is therefore likely that this deal is an indication of Milchan's intention to increase his stake in Channel 10, once the current regulatory constraints on foreign ownership are lifted. Milchan, Lauder and Joseph Maiman, who has 51 percent of the shares, currently control Channel 10. Maiman has repeatedly said that he intends to dilute di·lute v. To reduce a solution or mixture in concentration, quality, strength, or purity, as by adding water. adj. Thinned or weakened by diluting. his stake in Channel 10, although, at present, he is unable to do so since most of the parties interested in investing in the channel are foreigners Foreigners alienage the condition of being an alien. androlepsy Law. the seizure of foreign subjects to enforce a claim for justice or other right against their nation. gypsyologist, gipsyologist Rare. . News Corp. Europe chairman Marty Pompadur, who will join the Channel 10 board, said, "Channel 10 has consistently consolidated its position in the Israeli market, a market with economic strength. We are confident that News Corp.'s wealth of international experience, together with the proven ability of the present management and the shareholders' extensive knowledge, will make Channel 10 Israel's leading channel." |
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