Friday, April 04, 2014

Diddy Loses Fuse Channel to J. Lo


Last month Sean 'Diddy' Combs and a group of investors submitted a $200 million bid for The Fuse channel in an effort to expand Diddy's Revolt Music Network [click here if you missed that].

Tough nut Diddy, the station was awarded to his ex-girlfriend Jennifer Lopez…

Jennifer Lopez's NuvoTV, a network marketed to the Latino demographic, was awarded the station after submitting a a higher bid.

J.Lo and her team won the channel after offering $226 million in cash and a 15 percent equity stake in the combined Fuse and NuvoTV Network.

30 comments:

Magick said...

Stay losing Sean....you deserve every bit of it

Ms. Lee said...

Ha!

Tippie Toes said...

Hmmmm!

Anonymous said...

I don't blame Diddy, I wouldn't have offered the channel any kind of equity stake either. Why would he do that instead of purchasing it 100%?

Anonymous said...

Less ignorance in the world

Your Highness said...

I'm with 11:34.

Anonymous said...

Baby steps Puff

Bee Gee said...

Take that Take that

Anonymous said...

Burn!

Tippie Toes said...

For some reason I don't believe this story!

enter 5off at checkout said...

you win some, and you lose some.

Anonymous said...

Niggas need to evolve beyond music... #requestdenied

Anonymous said...

Puffy..take dat, take dat take dat......

Anonymous said...

Tippie Toes it's all over the internet.

Tippie Toes said...

@12:29 For real damn - I've been surfing too and I haven't read it anywhere else yet.

Anonymous said...

I can't...I just can't...the fakeness is so FAKE! You know who you are!

Anonymous said...

his brand is so tainted. can you imagine watching a channel with nothing but puff shit or his face and voice on every show AND commercials.

Anonymous said...

Damn JLo making those power moves - I always knew she was a smart cookie - Beyawnsay could never! At least young Latino girls have a smart role model with longevity and looooooooooong paper.

Anonymous said...

Meanwhile beyonce's brother's going to a homeless shelter...

Anonymous said...

I got my booooyfriend, is that your girrrrlfriend, maybe we can be friends, na-na na-na na-na!

Anonymous said...

Ain't it funnayyyyy!

Anonymous said...

Diddy would run it into the ground like bad boys.

Anonymous said...

Take Dat, Take Dat, Take Dat

Anonymous said...

I know he mad as shit he lost it to the one that got away! HA! He gon have to promote his imitation JLo on his own corny ass channel. NOBODY checks for cassie, she might as well get permanetly handcuffed to diddys dick

Anonymous said...

Diddy know she was the best he ever had... And she independently rich.

Anonymous said...

J-ho a role model? You must have never seen her THS she slept her way up like the rest of the hoes. Oh you're one of those money worshippers,I get it

Anonymous said...

Nah son...efff that 15%.

zeeedeee said...

I ain't checkin for jlo or this network..

Anonymous said...

She gave them a piece of the network she already had in addition to the one she bought from them. No ma'am.

anonomiss said...

good goood GOOOOOOOD.... been likededed J-Lo better anyway.. she is one of the slickest ladies in the bizniss.. GET IT MAMI!!!!!!!!!

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