The death benefit is a lump sum of cash paid out by the life insurance company when you die. If youâve ever heard someone say, âI took out a one million dollar life insurance policy,â that one million dollars is the death benefit. The beneficiary is the person or organization that will receive the death benefit.
KHON signed on in 1952 as KONA-TV, an NBC affiliate owned by Herbert Richards. The Honolulu Advertiser purchased the station in 1954, and in 1956 the station was sold to Pacific and Southern Broadcasting, forerunner of Combined Communications. In 1965 the call letters were changed to the current KHON-TV.
ESPN (originally an acronym for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite television channel owned by ESPN Inc. , a joint venture between The Walt Disney Company (which operates the network) and the Hearst Corporation (which owns a 20% minority share).SPN's next big break came when the channel acquired the rights to broadcast coverage of the early rounds of the NCAA Division I Men's Basketball Tournament. It first aired the NCAA tournament in March 1980, creating the modern day television event known as  March Madness .