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.

Portland Weather

condition Condition: Partly Cloudy
Temperature: 63°
High: 74° - Low: 53°

Latest Headlines

in Entertainment

Today in entertainment history: Sept. 4

Comedian Joan Rivers arrives for the premiere of the documentary "Joan Rivers - A Piece Of Work" during the 2010 Sundance Film Festival in Park City, Utah January 25, 2010.

A walk down Hollywood's memory lane.

in Entertainment

Chris Evans makes ‘Marvel’-ous directoral debut

17-overlay6

The "Before We Go" director talks about pulling his film together and how being in the Marvel world makes it easier to get movies off the ground.