King Communications (operated by former Fox executive Barry Diller) announced that it would acquire Savoy Pictures; as a result, Savoy Pictures and Fox ended their partnership and sold the SF Broadcasting stations, including KHON-TV, to the USA Networks division Silver King Broadcasting. Silver King, which later became known as USA Broadcasting, owned several stations on the United States mainland that were affiliated with the Home Shopping Network, which was also owned by USA Networks. The sale of KHON and the other SF stations was approved and finalized in March 1996, with its other assets being merged into the company that November. In 1999, KHON relocated from its longtime studios on Auahi Street and moved to their current studios on Piikoi Street. Also on April 1 of that year, USA sold all four of its Fox stations to Indianapolis-based Emmis Communications for $307 million in cash and stock, as part of a sale of its major network affiliates in order to concentrate on its formerly HSN-affiliated independent stations. A year later in 2000, Emmis purchased CBS affiliate KGMB, effectively bringing Hawaii's two oldest television stations under common ownership, though both stations retained separate operations—unlike what would become the common operational structure of most duopolies. Emmis received a cross-ownership waiver to acquire KGMB as FCC duopoly rules prohibit two of the four highest-rated stations in the same market from being owned by one company. From September 2002 to October 2004, KHON carried select UPN programming via a secondary affiliation shared with KGMB; each station aired programs from that network that the other station did not air. The two stations began carrying UPN programming in September 2002 after KFVE (which had been with UPN since its January 1995 launch) disaffiliated from the network to become a full-time affiliate of The WB (whose programming aired on KFVE in a secondary capacity since December 1998). KIKU, an independent station specializing in Japanese programming, became a secondary UPN affiliate in November 2004 and remained with the network until its closure in September 2006. Sale to Montecito On May 15, 2005, Emmis Communications announced that it would sell its 16 television stations in order to concentrate on its portfolio of radio stations. On September 15, Emmis sold KHON as well as CBS affiliate KOIN in Portland, Oregon, and NBC affiliates KSNW in Wichita and KSNT in Topeka, Kansas to the Montecito Broadcast Group (formerly SJL Broadcast Management)