News

Puff Daddy bids $200M for his own cable network

Puff Daddy bids $200M for his own cable network

MEDIA MOGUL: Puff Daddy wants to add television to his empire. Photo: Associated Press

Music mogul Sean “Diddy” Combs has made a $200 million bid for cable TV network Fuse, according to a report.

Editors at business news outlet Bloomberg claim the rapper has plans to add the channel to his media and lifestyle empire.

Fuse currently airs concerts and entertainment content aimed at the 18-34 demographic.

Combs is reportedly one of several bidders for the network.

A statement from Kimberly Kerns, spokesperson for Fuse’s current owners The Madison Square Garden Company, reads, “As we have stated, we are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process.”

Combs already owns music channel Revolt TV, as well as alcohol and fashion companies.

Recently Played

Latest Headlines

in Viral Videos

7 smartphone photography tricks

18-overlay7

Upgrade from the selfie with these seven awesome photo tricks.

in Entertainment

Uncle Jesse spearheading ‘Full House’ reboot

fullhouse

John Stamos wants to bring the hit sitcom back to TV.

in Music

Taylor Swift picks up 2 new chart records with ‘Shake It Off’

taylorswift

The star's new single, "Shake It Off" is expected to debut at No. 1 on this week's Billboard Hot 100 countdown.

in Entertainment, Sports

CBS Sports to air all-women sports talk show

cbssports

CBS said Tuesday the weekly hour-long, prime-time program on the cable channel will be the first of its kind.

in Music

BET bosses apologize for Blue Ivy joke

beyonce

One of BET's top execs is apologizing to Beyoncé and Jay Z after their daughter became a butt of a terrible joke on "106 & Park."