{"id":1826,"date":"2026-06-25T10:05:07","date_gmt":"2026-06-25T10:05:07","guid":{"rendered":"https:\/\/hawaiimovinginsider.com\/?p=1826"},"modified":"2026-06-25T10:05:07","modified_gmt":"2026-06-25T10:05:07","slug":"kitv-kiku-due-diligence-debate-returns-to-full-oha-board","status":"publish","type":"post","link":"https:\/\/hawaiimovinginsider.com\/?p=1826","title":{"rendered":"KITV, KIKU due diligence debate returns to full OHA board"},"content":{"rendered":"
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HONOLULU (HawaiiNewsNow) \u2014 The Office of Hawaiian Affairs Investment and Land Management Committee passed a measure to spend up to $172,000 on due diligence for the potential acquisition of KITV and KIKU from Allen Media Group.<\/p>\n

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OHA chair Kaiali\u02bbi Kahele said studying the stations\u2019 assets, licenses and infrastructure could take about 90 days.<\/p>\n

\u201cWe would get it at a really good cost and we would be negligent if we didn\u2019t enter into due diligence,\u201d said OHA trustee Brickwood Galuteria.<\/p>\n

\u201cIt would mean narrative sovereignty on a scale we have never held before. It would allow Hawaiian stories, language, and perspectives to appear in mainstream news every day,\u201d he added.<\/p>\n

<\/div>\n

Allen Media Group acquired KITV in 2020 for $30 million and later bought KIKU for $2 million.<\/p>\n

\u201cWe could probably flip it in five or six years and make a pretty good profit,\u201d said OHA trustee John Waihe\u02bbe IV.<\/p>\n

Trustees who opposed the measure have multiple concerns.<\/p>\n

\u201cOne of my top concerns is how this could put OHA as a whole, as an entity, at risk,\u201d said OHA trustee Kalei Akaka.<\/p>\n

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\u201cThere are many areas in which OHA needs to learn to walk well before we begin to run. First, in terms of competence, we have no competency in the industry of broadcast,\u201d said OHA trustee Keli\u02bbi Akina.<\/p>\n

Akina also lamented about years and money spent on development plans in Kaka\u02bbako Makai and high-profile litigation.<\/p>\n

\u201cWe are in the midst of a publicly known lawsuit with our CEO. The implications of that for the cohesiveness of our organization and the morale of OHA are far reaching,\u201d Akina said.<\/p>\n

The full board rejected the measure last month.<\/p>\n

<\/div>\n

Native Hawaiian beneficiary Germaine Meyers expressed concern about the process.<\/p>\n

\u201cTrustees, if a proposal that has already been considered and rejected by a majority of the board, can simply be bought back through a different committee process a few months late, a few weeks later, beneficiaries may reasonably question whether board decisions have any finality at all,\u201d she said.<\/p>\n

Wednesday\u2019s committee vote was 5-4. The measure is scheduled to be considered Thursday by the full board at 9 a.m. Observers said based on the committee vote, it\u2019s expected to win approval.<\/p>\n

Read more 2 men arrested after allegedly using social media to entice teen girls for sex<\/a><\/p>\n

Previous coverage<\/h2>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

OHA trustees will again consider funding due diligence for a possible purchase of KITV and KIKU from Allen Media Group after a committee vote Wednesday.<\/p>\n","protected":false},"author":1,"featured_media":693,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nKITV, KIKU due diligence debate returns to full OHA board - Hawaii Moving Insider<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hawaiimovinginsider.com\/?p=1826\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KITV, KIKU due diligence debate returns to full OHA board - Hawaii Moving Insider\" \/>\n<meta property=\"og:description\" content=\"OHA trustees will again consider funding due diligence for a possible purchase of KITV and KIKU from Allen Media Group after a committee vote Wednesday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hawaiimovinginsider.com\/?p=1826\" \/>\n<meta property=\"og:site_name\" content=\"Hawaii Moving Insider\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-25T10:05:07+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/#\\\/schema\\\/person\\\/590d72f16cb0f571fd45812a3c7ea1d0\"},\"headline\":\"KITV, KIKU due diligence debate returns to full OHA board\",\"datePublished\":\"2026-06-25T10:05:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826\"},\"wordCount\":408,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/6d670f3bb93640536f5469947ae18701.avif\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826\",\"url\":\"https:\\\/\\\/hawaiimovinginsider.com\\\/?p=1826\",\"name\":\"KITV, KIKU due diligence debate returns to full OHA board - 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