KIKU’s New Owner? Look To KITV


In late 2019, Richard French’s RNN and Ted Bartley‘s NRJ struck a deal that saw French’s broadcast TV company acquire 8 stations in a $81.2 million deal in which Moelis & Company served as the seller’s broker/financial adviser.

Now, RNN is selling one of those properties — a UHF station serving the Hawaiian Islands.

The buyer? Look no further than the ABC affiliate in the 50th state. It’s a deal that creates a duopoly for a man intent on creating the nation’s largest TV station ownership group.

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