Channel 1 (Hebrew: הערוץ הראשון‎‎, HaArutz HaRishon, lit. The First Channel) is one of the oldest television channels in Israel (with only the Israeli Educational Television being older) and one of five terrestrial channels in the country (along with Channel 2, Channel 10, Channel 33 and the Knesset Channel). Run by the Israel Broadcasting Authority, it started broadcasting on 2 May 1968, and is largely funded through a television licence, though there are some adverts. The channel is supposed to move to commercial broadcasting by 2015, possibly even being replaced by a new "Channel 1".