Ron Lauder Takes Over Israeli News Site

By JTA July 9, 2012

Ronald Lauder is expected to acquire complete control of an Israeli news website and has plans to establish a new English-language website about Israel.

The American businessman and philanthropist’s company JCS, which operates Jerusalem Capital Studios, has finalized a deal to acquire Nana 10, Haaretz reported. Lauder currently owns 24 percent of Nana 10, which features news from Israel’s Channel 10 and reportedly is the fourth most popular Hebrew language website in Israel.

Haaretz also reported that Lauder, who is president of the World Jewish Congress, has plans to establish, with other American Jewish businesspeople, a new website in English to present Israel’s position to Jews around the world.

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