Thursday, May 31, 2012

Noted Philanthropist buys Israeli Yated Ne'eman newspaper

   The Israeli Yated Ne'eman, founded by Maran Harav Shach, (with no affiliation to the American one) was purchased and bought by R' Shimon Glick, a supporter of Torah institutions in America and Eretz Yisrael and confidant of Rav Shteinman. Apparently the gedolim were not happy with the way the paper was run and the message it was advocating. After some back and forth negotiations and the threat of a competing newspaper, it was bought off by Mr.Glick.
   Changes were made immediately on the editorial board, with some editors fired, writers were replaced and new ones added to control the paper. The paper has lately experienced a decline in subscriptions, and had many in the yeshiva world at odds with the message it was projecting. Hopefully it will return to its glory of what it was meant to achieve.

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