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City Tycoon Sudhir Ruparelia buys Record TV

Boom.ug earlier reported how Uganda’s media giant Record Television closed its operations leaving hundreds of people unemployed.

Record TV closed after reports that station was unable to facilitate the huge budgets.

However good news coming through to Boom.ug news desk indicates that city Tycoon and business man Sudhir Ruparelia has acquired the multi-million company and is set to rebrand the station.

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It is alleged that a new name shall be given to the station which will later restart its operations with new employees and television programming. 

Record TV closed officially on March 30th after forcing all its employees to resign.