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.

Latest Headlines

in Local

Maine Woman Who Foiled Abduction Ready for a Fight

The Maine State Museum worker who prevented the abduction of a 2-year-old girl is a grandmother with a bum knee. But Sharon Wise says there would've been a ``big fight'' if the assailant hadn't given up.

in Local

Maine’s Jobless Rate Down Slightly in November

UNEMPLOYMENT

Maine's jobless rate dipped slightly last month to 5.7 percent.

in Local

Scientists to see if Forecast Calls for Lobsters

LOBSTERS2

Scientists will begin aiding fishermen next year by issuing weekly forecasts about lobster migration.

in Local

6,500 Mainers to Lose Food Stamps

governorlepage

Maine Gov. Paul LePage's administration says more than 6,000 Maine residents are about to lose their food stamp benefits.

in Local

Maine Woman Struck, Killed By Vehicle

GENERIC AMBULANCE

GLENBURN, Maine (AP) - Police say a Glenburn woman crossing the street to get her mail has been struck and killed by a passing vehicle.

Tweets

  • 38m
  • 4h
  • 4h
  • 4h
  • 4h
  • 4h
  • 5h