Israeli journalists fear for press freedom if UK billionaire sells TV channel stake

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Israeli journalists are concerned that the sale of a nearly 15% stake in Channel 13 by British billionaire Leonard Blavatnik to Patrick Drahi, a telecoms tycoon, will harm press freedom in Israel. Channel 13 has been critical of Prime Minister Benjamin Netanyahu's government. Drahi already owns a cable television company and a news channel in Israel with less critical coverage. The Union of Journalists in Israel has called the sale an "unlawful deal" that is part of a plan to capture the media before the upcoming elections. While Drahi's stake is just under 15%, the maximum allowed, critics fear he will gain control of the channel's policy due to Blavatnik's unwillingness to invest further. They argue this could reduce diversity of opinions and freedom of speech.
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