Keshet Broadcasting, Ltd.

In January 2005, an acquisition vehicle of Saban Capital Group acquired approximately 27% of Keshet Broadcasting Ltd., a leading Israeli commercial television broadcaster sharing broadcast days on Channel 2.

Shortly after the acquisition, in April 2005, Keshet won a tender bid for a new concession license for broadcasting four days a week on Channel 2 TV for ten years beginning in November 2005. Since its inception, Keshet has been the leading media brand-name and content creator in Israel. Keshet is involved in various media segments, including broadcasting, internet and cellular, and a number of its television concepts are sold internationally.

In July 2008, Saban Capital Group sold its interests in Keshet in a private sale transaction.