OHA to buy KGMB?


Advertiser article worth noting:
The Office of Hawaiian Affairs is exploring the purchase of local television station KGMB, raising concerns about potential government control over the locally owned media outlet.

Members of OHA's Board of Trustees voted yesterday to make a conditional offer for the local CBS affiliate and authorized its staff to spend up to $50,000 to study the plan.

Trustees Stender and Mossman say OHA's interest is "largely as an investment and not as a means to communicate a pro-Hawaiian message."

Also covered in the S-B.

Update: Doug examines the issues involved. And Ian Lind does also.

Update 2: Well that didn't last long. Advertiser reports that "The Board of Trustees of the Office of Hawaiian Affairs voted 4-2 today to abandon a proposal to explore the purchase of local television station KGMB."


Posted: Thu - July 6, 2006 at 08:08 AM    
   
 
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Published On: Jul 07, 2006 08:17 AM
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