Diddy Might Be Trying To Buy Fuse
The rich get richer. Diddy, who founded Bad Boy Records, the Sean Jean fashion line, Revolt TV, who also owns a stake in the Ciroc, launched AQUAhydrate and bought luxury US tequila brand DeLeon is setting his sights on the music-based Fuse cable-TV channel, according to Billboard. Sean Combs reportedly put in a bid of $200 million for Fuse and is looking to turn the channel into an extension of Revolt TV. Fuse was launched in 2003 and is owned by Madison Square Garden Co.
A MSG representative stated “As we have stated, we are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process."