The company also lacked capital to meet the urgent needs of for the preferred turnaround strategies and this resulted to the sale of the company’s assets to recover the monies due. All of WBS assets have need sold to the much awaited for KweseTV, a regional station that has been known as a Free Sports brand that airs sports programming that includes the much loved English Premier League (EPL), ESPN, to mention but a few.
This blog has also been informed that the above transactions have now been approved and consented on by UCC and Ugandan Broadcasting Corporation. This means that from today, WBS will cease to operations in Uganda.
About KweseTV
Recently, KweseTV signed a massive deal with behemoth American sports broadcaster, ESPN. The deal set to effect in 2017 will see Kwese deliver sports content in 19 sub-saharan African countries including Uganda. The deal covered both broadcast and digital platforms meaning that the content will be delivered over conventional payTV and online.
ESPN will also produce SportsCenter updates with African suite content that will include sports news and highlights. The two will also collaborate on the launch of an African edition of the ESPN website and mobile app called KweseESPN.com.
In addition, Kwese will broadcast other ESPN content covering livesports and original programming. This will include SportsCenter, collegiate football, basketball among others. The content will have a dedicated channel on FTA set-top boxes and will as well be streamed online.
Good bye WBS, welcome KweseTV.
-TechJaja