Recanati Giladi Entertainment

Last updated
RGE Group Ltd.
FormerlyAviv Giladi Holdings
United Media Group [1]
Industry Media
FoundedMarch 10, 1999;24 years ago (1999-03-10)
Headquarters Herzliya, Israel
Key people
  • Shai Recanati (chairman)
  • Or Ram (2016-2023) and Yaron Segev (2016-) (CEOs)
OwnerNaftali Group (75%)
Keshet Media Group (25%)

RGE Group (abbreviated from Recanati Giladi Entertainment, previously known as Aviv Giladi Holdings and United Media Group or UMG) [2] is an Israeli media company that owns several television channels. The company is owned by the Recanati family through the Naftali Group, [3] with the Keshet Media Group holding a 25% minority stake. [4] [5]

Contents

The company operates out of a complex in western Herzliya.

Owned Channels

Formerly Owned Channels

History

Recanati Giladi Entertainment, initially known as Aviv Giladi Holdings or United Media Group (UMG), was established on 10 March 1999. [6] At the time, Giladi held a 25% stake in JCS Sports, which ran the Sports Channel, and a 2.5% stake in Taya Communications, which owned Noga Communications. [7] On 26 August 1999, Giladi purchased a 25% stake in Ananey Communications. [8]

On 26 November 2000, Giladi purchased Noga Communications for US$3.8 million. [9] On 29 June 2004, Avgal Media and Communications, another one of Giladi's companies, was merged into UMG. [10] The next day, Udi Recanati, formerly a shareholder in an Israeli investment firm, purchased a 20% stake in UMG for US$3.2 million. [11]

On 22 March 2004, UMG bought a majority share in JCS Sports, [12] before becoming the company's sole shareholder on 29 November 2006. [13]

On 27 September 2004, Giladi and Recanati announced that Noga Communications would seek a franchise over channel 2 [14] under the name Noga 2. [15] On 10 November, Noga 2's bid was merged with that of Reshet, with Giladi and Recanati buying Yedioth Ahronoth's stake in Reshet. [16] On 13 April 2005, Reshet and Noga's joint bid was chosen, alongside Keshet Media Group, to manage channel 2. [17]

On 20 September 2006, UMG's was renamed RGE, short for Recanati Giladi Entertainment, after its two owners. [18]

On 17 June 2008, Russian billionaire Len Blavatnik purchased a 20% stake in RGE, through Access Industries. [19] In 2010, Access Industries increased its ownership from 20% to 33%. [20]

On 25 April 2010, RGE sold its shares in Reshet to Fular communications for 1ILS. [21]

In December 2012, HOT decided to end Noga's franchise over Channel 8, which was instead given to Haim Sloski Productions. [22]

In May 2015, RGE purchased a 51% stake in Channel 10. [23] In 2016, Or Ram and Yaron Segev became RGE's CEOs, with their appointment becoming official in Late 2018. [24]

On 1 February 2017, RGE submitted a bid to the Cable and Satellite Broadcasting Council for the right to operate the Knesset Channel. [25] On 4 May, the council announced that it would award the right to operate the channel to Channel 20, [26] before disqualifying its bid in December due to issues with the bid's finances. [27] On 31 May 2018, the Council chose to accept RGE's bid instead. [28] RGE took over management of the channel from Hevrat HaHadashot on 1 August. [29]

On 4 July 2018, Channel 10 signed a merger agreement with Channel 13. [30] The merger went into effect on 16 January 2019. [31]

In October 2019, Aviv Giladi sold his shares in RGE to Len Blavatnik, leading to Blavatnik and the Recanati family owning equal stakes in the company. [32] On 24 January 2021, the Recanati family bought Blavatnik's shares in the company. Blavatnik retained his shares in Channel 13, which became separate from RGE. [33]

On 18 March 2021, Keshet announced its intention to buy a 49% stake in RGE and develop a joint streaming service with the company. [34] [35] On 2 September, the Israel Competition Authority approved the development of a joint streaming service, but only allowed Keshet to purchase a 25% stake in RGE. [4] [5] On 14 February 2022, the streaming service's name was revealed to be FreeTV. [36] On 20 March, RGE announced that FreeTV will cooperate with Partner Communications Company. [37]

In April 2021, RGE subsidiary Noga Communications partnered [38] with Candle Media subsidiary, [39] UK-based Moonbug Entertainment to launch its Moonbug Kids channel on RGE's on-demand platform BIGI. [38]

In July 2023, Or Ram announced his retirement, leaving Yaron Segev as the company's sole CEO. [40]

See also

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References

  1. ↑ "Noga Communications / RGE Media Group (Israel) - Unifrance". www.unifrance.org. Retrieved 2023-06-16.
  2. ↑ Israeli Corporations Authority. "פרטי חברה" (PDF). HaAyin HaShevi'it . Retrieved 2023-06-16.
  3. ↑ "הושלמה עסקת רכישת 100% ממניות RGE בידי משפחת אודי רקנאטי - וואלה! כסף". וואלה! (in Hebrew). 2021-01-24. Retrieved 2023-06-17.
  4. 1 2 ביין-לובוביץ', ענת (2021-09-02). "רשות התחרות אישרה את מיזם השידורים באינטרנט של קשת ו-RGE". Globes. Retrieved 2023-06-16.
  5. 1 2 "רשות התחרות מערימה קשיים על עסקת קשת-RGE | בלעדי". גלובס (in Hebrew). 2021-08-15. Retrieved 2023-06-16.
  6. ↑ Israeli Corporations Authority. "פרטי חברה" (PDF). HaAyin HaShevi'it . Retrieved 2023-06-16.
  7. ↑ Carol, Aviva (1997-02-02). "תיא מגייסת כוחות ונערכת לתחרות". Globes. Retrieved 2023-06-16.
  8. ↑ "אביב גלעדי רכש % 25 מחברת האם של נגה תקשורת". TheMarker. Retrieved 2023-06-16.
  9. ↑ Carol, Aviva (2000-11-26). "אביב גלעדי רכש את נגה תקשורת תמורת 3.8 מיליון דולר". Globes. Retrieved 2023-06-16.
  10. ↑ Israeli Corporations Authority. "פרטי חברה" (PDF). HaAyin HaShevi'it . Retrieved 2023-06-16.
  11. ↑ "אודי רקנאטי רכש 20% מחברת האחזקות של אביב גלעדי תמורת 3.2 מיליון דולר". TheMarker. Retrieved 2023-06-16.
  12. ↑ Carol, Aviva (2004-03-23). "אביב גלעדי רכש השליטה בערוצי הספורט 5 ו-5 פלוס". Globes. Retrieved 2023-06-16.
  13. ↑ "אביב גלעדי רוכש את הבעלות המלאה בערוץ הספורט לפי שווי 17 מיליון דולר". TheMarker. Retrieved 2023-06-16.
  14. ↑ "המכרז לערוץ 2: שילוח בדרך לקבוצת גלעדי". Maariv nrg (in Hebrew). Retrieved 2023-06-16.
  15. ↑ Geoni, Yael (2004-10-25). "נגה 2 תיאלץ להחליף את לוגו החברה בעקבות הוראת הרשות השנייה". Globes. Retrieved 2023-06-16.
  16. ↑ "קבוצת נגה 2 של אביב גלעדי מתמזגת עם זכיינית ערוץ 2 רשת; במכרז לערוץ 2 נותרו כעת 4 מתמודדות". TheMarker. Retrieved 2023-06-16.
  17. ↑ Holler, Roei (2005-04-13). ""קשת" ו"רשת" זכו במכרז ערוץ 2". Ynet (in Hebrew). Retrieved 2023-06-16.
  18. ↑ אברבך, לי-אור (2015-06-04). "פעם שלישית הפי אנד?". Globes. Retrieved 2023-06-16.
  19. ↑ Geoni, Yael (2008-06-17). "אביב גלעדי מכר 20% מקבוצת האחזקות RGE למיליארדר לן בלבטניק". Globes. Retrieved 2023-06-16.
  20. ↑ Bar-Zohar, Ophir (2010-04-30). "Blavatnik Increases Stake in RGE Media Group". Haaretz . Retrieved 2023-08-30.
  21. ↑ אברבך, לי-אור; שאולי, אבי (2010-04-25). "אביב גלעדי מכר לפולאר את אחזקותיו ברשת תמורת שקל אחד". Globes. Retrieved 2023-06-16.
  22. ↑ Cohen, Maya (2012-12-25). "ערוץ 8 החדש עולה בסוף החודש". Israel Hayom (in Hebrew). Retrieved 2023-06-16.
  23. ↑ "מנכ"ל ערוץ 10 לעובדים: "עשינו את זה, נחתם הסכם העברת הבעלות לקבוצת RGE"". כלכליסט - www.calcalist.co.il. 2015-06-02. Retrieved 2023-06-16.
  24. ↑ Bein-Lubovich, Anat (2018-12-27). "אור רם וירון שגב מונו באופן רשמי למנכ"לי RGE". Globes. Retrieved 2023-06-16.
  25. ↑ Kitain, Yonatan (2017-02-01). "חדשות 2, RGE, ערוץ 20 וקב' נוספת ניגשו למכרז ערוץ הכנסת". Globes. Retrieved 2023-06-16.
  26. ↑ "ערוץ 20 זכה במכרז ערוץ הכנסת". Walla! (in Hebrew). 2017-05-04. Retrieved 2023-06-16.
  27. ↑ Boker, Ran (2017-12-07). "הצעת ערוץ 20 להפעלת ערוץ הכנסת נפסלה". Ynet (in Hebrew). Retrieved 2023-06-16.
  28. ↑ Kitain, Yonatan (2018-05-31). "מועצת הכבלים קבעה: RGE תפעיל את ערוץ הכנסת". Globes. Retrieved 2023-06-16.
  29. ↑ Kitain, Yonatan (2018-06-06). "מכרז ערוץ הכנסת: RGE תחליף את חברת החדשות ב-1 באוגוסט". Globes. Retrieved 2023-06-16.
  30. ↑ Boker, Ran (2018-07-04). "ערוץ עשר ורשת חתמו על הסכם המיזוג". Ynet (in Hebrew). Retrieved 2023-06-16.
  31. ↑ Boker, Ran (2019-01-15). "אחרי 17 שנה: ערוץ עשר חתם את שידוריו". Ynet (in Hebrew). Retrieved 2023-06-16.
  32. ↑ ביין-לובוביץ', ענת (2019-10-07). "שינוי בענף התקשורת: אביב גלעדי יצא מ-RGE | בלעדי". Globes. Retrieved 2023-06-16.
  33. ↑ "משפחת רקנאטי השלימה את רכישת ערוצי הספורט והילדים". כלכליסט - www.calcalist.co.il. 2021-01-24. Retrieved 2023-06-16.
  34. ↑ "קשת רוכשת 49% מקבוצת RGE". Calcalist. 2021-03-18. Retrieved 2023-06-16.
  35. ↑ ביין-לובוביץ', ענת (2021-03-18). "קשת רוכשת 49% ממניות קבוצת RGE תמורת 90 מיליון שקל". Globes. Retrieved 2023-06-16.
  36. ↑ "קשת ו-RGE בפרוייקט חדש: בדרך למפץ הגדול בעולם הסטרימינג". Ice (in Hebrew). 2022-02-14. Retrieved 2023-06-16.
  37. ↑ "קשת ופרטנר מאיימות על השוק: זו עסקת הענק שנחתמה". Ice (in Hebrew). 2022-03-20. Retrieved 2023-06-16.
  38. 1 2 "Moonbug expands into Israel". licenseglobal.com. 8 April 2021. Retrieved 30 August 2023.
  39. ↑ Weprin, Alex (2022-11-16). "Blippi Franchise Expands With Meekah Show at Netflix". hollywoodreporter.com. Retrieved 2023-08-30.
  40. ↑ "לאחר 21 שנה בRGE: המנכ"ל המשותף אור רם פורש". Walla! (in Hebrew). 2023-07-06. Retrieved 2023-09-02.
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