Jerusalem Post sold to TA media company, CanWest

[bemildred]

Hollinger International Inc. sold The Jerusalem Post yesterday to Tel Aviv-based media company Mirkaei Tikshoret Group Ltd. and CanWest Global Communications Group for $13.2 million.
CanWest, the largest newspaper publisher in Canada, will take a 50-percent interest together with Mirkaei Tikshoret, owned by Israeli businessman Eli Azur, in a soon to be created holding company that will control The Jerusalem Post, the Jerusalem Report and subsidiary holdings.

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It remains to be seen how involved the Post's new owners will be with determining its editorial policy, and whether there will be any staff changes. Sources close to Azur say he plans to give the newspaper professional freedom regarding its editorial policies, as he has done with other media outlets he controls, because he believes that is the key to success.

But the sources also expect the Asper family to be involved with the paper's editorial policy due to their familiarity with world Jewry, and that the buyers see the newspaper as a professional media outlet

Haaretz

[11cents]

1. The Jerusalem Post used to be a first-class paper

...before Hollinger corrupted it. Maybe the new owners will restore it.