February 28, 2017  
Home > News > TV

Jennifer Lopez Beats Sean 'Puff Daddy' Combs in Bid for TV Network

April 5, 2014 (3:08 am) GMT
The 'American Idol' judge outbids her rapper ex in a war over Fuse Network, which has been acquired by J.Lo's NunoTV for $226 million.
Jennifer Lopez Beats Sean 'Puff Daddy' Combs in Bid for TV Network

has beat her ex-boyfriend Sean Combs a.k.a. in a war over TV network. NuvoTV, where J.Lo serves as chief creative officer and owns a minority stake, has acquired Fuse Network from Madison Square Garden Company for $226 million.

"Music is my first love so the acquisition of Fuse is near and dear to my heart," Lopez says in a statement. "It's exciting that between NUVOtv and Fuse we'll have the ability to deliver a broad array of terrific content both from a Latino perspective and across multiple genres, including music, to a broader audience."

"The acquisition of Fuse means we now own two wonderful assets. It's a phenomenal time for our company and we look forward to growing both networks in the years ahead," she adds.

The "" judge also tells Variety after the deal, "I saw it as a no-brainer,. I'm an English-speaking Latina myself. I want to take NuvoTV to the next level." The deal is expected to close between July 1 and September 1.

Combs, who recently announced that he would use his old name Puff Daddy for his new musical project, reportedly offered nearly $200 million for Fuse. He wanted to combine Fuse with his video channel, Revolt, to build a cable empire. Former Fuse chief Eric Sherman commented, "This is a real blow to Diddy and Revolt."

Lopez's manager Benny Medina previously said that NuvoTV had no immediate plans to change Fuse's format. "We do look at these channels as two different companies with two different identities, audiences and goals," he said. "And these shall remain intact."

More Jennifer Lopez News

TODAY'S HEADLINES

  1. 'True Blood' Alum Stephen Moyer Lands Lead Role on FOX's 'X-Men' Series Pilot
  2. Mariah Carey's Boobs Almost Spill Out of Her Plunging Dress at Vanity Fair's Oscars Party
  3. Selena Gomez and The Weeknd Go for a Date Night in Paris as Bella Hadid Parties Just Blocks Away
  4. Russell Crowe May Portray Cable in 'Deadpool 2'
  5. Keyshia Cole Punishes Cheating Boyfriend in 'You' Music Video Ft. Remy Ma and French Montana
  6. Vera Farmiga Set to Star as Millie Bobby Brown's On-Screen Mother in 'Godzilla 2'
  7. Lorde Teases Upcoming Music With Mysterious Ad
  8. 'The Voice' Season 12 Premiere: Gwen Stefani Returns as Coach and Wins the First Four-Way Battle