US company Discovery Communications, owner of the Discovery Channel, is in talks to buy a 33% stake in Israel's Reshet 13 television station, financial daily Globes reported.
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If the deal goes ahead, Len Blavatnik and chairman Nadav Topolski, who currently have a 68% stake in Reshet through RGE Media, will remain the controlling shareholders. Other shareholders including Udi Angel, the Strauss family and Dutch media company Endemol, who according to the report, are not prepared to inject any more money into the TV station.
Discovery reaches millions of homes worldwide with content revolving around lifestyle, culture, science and nature.
