Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

News Squeeze Adelson's Influence Is Now on the Israeli Press

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

News Squeeze Adelson's Influence Is Now on the Israeli Press

Article excerpt

A keystone of Israel's democracy is a free and vigorous press, including 22 daily newspapers representing a spectrum of the country's political opinion.

That press is particularly important as Israel approaches parliamentary elections Jan. 22 that will determine who will be prime minister.

An alarm has sounded in Israel at the growing impact on its press scene of U.S. billionaire Sheldon Adelson. His fortune comes from casinos he owns in Las Vegas, Macau and, soon, in Spain. Mr. Adelson is known in the United States for having supported Newt Gingrich with an estimated $10 million when he was seeking the Republican nomination. He also pledged $100 million to help the Republican nominee, Mitt Romney, defeat Democrat Barack Obama for the presidency.

Mr. Adelson owns a newspaper, Israel HaYom, in Israel. He has given it away free since 2007 and has cut its advertising rates, crashing the market for other Israeli newspapers and making the continued existence of some of the most respected papers, including Haaretz and Maariv, tenuous. …

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