The council of the Second Authority for Television and Radio approved the acquisition of Channel 13 by the Merit Fund on Wednesday, following donations to the fund by Asaf Rappaport and Yinon Kostika. The decision came after multiple hearings examining the ownership structure, funding sources, and commitments made by the buyers.
The review was conducted by Uri Sharaf, acting director-general of the Second Authority, and the regulator's professional team. It assessed whether the buyers could ensure Channel 13's continued normal operations while protecting the public interest and the broadcaster's editorial independence.
As a condition for approving the deal, the Second Authority demanded the establishment of oversight, control, and transparency mechanisms. Their purpose is to ensure that completing the acquisition will not lead to improper influence over Channel 13's operations, the content it broadcasts, or its decision-making processes.
Among other measures, mechanisms were established to ensure transparency regarding funding sources and the identity of donors. Additional conditions were set concerning future donors who may seek to invest in the network or influence its activities. Channel 13's independence is also expected to be strengthened through the expansion of the circle of decision-makers within the Merit Fund.
