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 Sports, Viral Videos

Marshawn Lynch doesn’t want to get fined

23-overlay5

The Seattle Seahawks running back has a goal for Media Day.

in Music

Meghan Trainor, Harry Styles team up for a duet

Meghan Trainor arrives at the 42nd annual American Music Awards at Nokia Theatre L.A. Live on Sunday, Nov. 23, 2014, in Los Angeles.

Harry Styles and Meghan Trainor channel their heartbreak into a new song called "Someday Maybe."

in Viral Videos

School announces snow day with ‘Let It Go’ parody

22-overlay5

Who needs robocalls when you can declare school closures through song?

in Music

Katy Perry leads the way for Super Bowl’s ‘girl power’ moment

katyperry

The most-watched 12 minutes on U.S. television is expected to be all about the ladies.

in Entertainment

Benedict Cumberbatch apologizes for ‘colored’ remark

Benedict Cumberbatch attends a special screening of "The Imitation Game" at the DGA Theater on Monday, Nov. 10, 2014, in Los Angeles.

Benedict Cumberbatch is "devastated" after realizing he caused offense during a chat about diversity on Tavis Smiley's late-night show.