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.

Recent Headlines

in Entertainment

‘Rambo’ is coming to the small screen


"Rambo: New Blood" will be executive produced by the "Rocky" star, who will also appear in the series.

in Viral Videos

REMIX: The Marvel universe as a rom-com


Envision a time where the Avengers gave up on the world-saving and just went full romantic comedy on us.

in Entertainment

George Lucas to new ‘Star Wars’ film: I’m your divorced father


"Star Wars" creator George Lucas, who was not involved in making the long-awaited new film, "The Force Awakens," said he is as ambivalent about seeing the movie as a divorced father would be about attending his child's wedding.

in Entertainment, Viral Videos

Sleeping Santa makes Christmas pics a snap


Santa Claus won't be stopped by a sleeping baby boy. He'll improvise!