Reshet is one of the two concessionaires running the Israel

Israel

The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

i commercial

Commercial broadcasting

Commercial broadcasting is the broadcasting of television programs and radio programming by privately owned corporate media, as opposed to state sponsorship...

 television

Television

Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...

 channel, Arutz 2 since 1993. Reshet is considered one of the most successful television networks in Israel.

On November 4, 1993 it began broadcasting on the commercial "Channel 2" under the Second Israeli Broadcasting Authority

Second Israeli Broadcasting Authority

The Second Authority for Television and Radio law was passed by the Knesset in 1990. Its purpose was to establish a new governing-body whose purpose is to facilitate and regulate commercially-operated television and radio broadcasts in Israel...

. With the channel's establishment, three concessionaires were chosen: "Keshet", "Telad

Telad

Telad is an Israeli production company. The company is mostly known for being one of the three concessionaires whom ran the Israeli commercial television channel Channel 2 between the years 1993–2005.- History :...

" and "Reshet". The three concessionaires which received a broadcasting contract for one decade decided they would exchange amongst themselves the broadcasting days in a week so that one gets three broadcasting days, and the other two get two.

In April 2005, a decision was made by a committee of the communication ministry, that by the end of the decade only two concessionaires will receive broadcasting contracts for the following decade. Of the four competitors (the fourth being "Kan"), "Keshet" and "Reshet" were chosen to lead the broadcasting schedule. Each of the companies broadcast 3 or 4 days a week - and change every 2 years.

To this day, Yohanan Tsengan is the television network CEO and Yossi Rosen is the acting chairman of the board.