The Israeli daily newspaper Ma’ariv, which has been in existence since 1948, will cease its daily print edition, and will instead provide only internet news during the week.
The weekend Ma’ariv edition will be sold every Friday and on holidays, according to the newspaper’s editor. No exact date for the changes has been announced.
The board of Discount Investment Corporation, owned by Nochi Danker, who also owns Maariv, on Sunday agreed to put more than $3 million into the daily newspaper.
The board of Maariv also ordered the liquidation of the newspaper’s at the printing house in Bat Yam, in a sale expected to take in some $50 million.