The story: Manoto TV, a leading Persian-language network based in the UK, has abruptly announced that it may soon shut down over growing financial problems. Viewed as having a pro-monarchy slant, the privately-run network has shied away from disclosing its sources of funding. This is while Iran has long accused it of being backed by Israel, Saudi Arabia, and the US.

Hardline media and political figures in Tehran have welcomed Manoto’s announcement, which could empower Iran International—another UK-based TV channel opposed to the Islamic Republic.

The coverage: Owned by the Marjan Television Network company, Manoto announced on its social media accounts on Nov. 13 that it would...