Daily Israel Report
13:02
Reported

News Brief

  1/30/2012, Shevat 6, 5772

Committee: Cable TV Royalties to State to End in 2013


The Knesset Economics Committee approved, Monday, a request by the Communications Ministry to end the royalty that the HOT cable entertainment company pays the state in 2013. Last year, the committee voted to reduce the royalty to 1.75 percent in 2012.

Member of Knesset Yitzchak Vaknin, who chaired the meeting, explained that the actions were part of a compromise that developed after the communications petitioned the Supreme Court against the royalties.