Julius Kyazze’s Bid To Buy Face TV Fails

The latest is that the negotiations have stalled after current owners failing to agree with terms set by  Kyazze and his team.

Julius Kyazze’s Bid To Buy Face TV Fails
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We revealed here few months back that Swangz Avenue boss, Julius Kyazze was set to acquire a music station, Face TV.

The latest is that the negotiations have stalled after current owners failing to agree with terms set by  Kyazze and his team.

According to a source, the two parties were going to jointly own the station.

Kyazze had plans to introduce lifestyle shows and had started poaching TV presenters. A source says content for some shows had already been gathered.

The station is also facing financial constraints, according to an insider.

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