Diddy In Bidding War To Purchase Fuse TV And Merge It With Revolt TV

March 10, 2014 16

1x1.trans Diddy In Bidding War To Purchase Fuse TV And Merge It With Revolt TV

Sean Combs is renowned for his business acumen and his successful exploits including Bad Boy Entertainment, Sean John clothing, and Ciroc vodka. His most recent entrepreneurial foray, cable television network Revolt TV, has started off successfully so far and if Diddy has his way, it looks to be getting even bigger. Ad Age is reporting that Puff is in the midst of a $200 to $250 million dollar bidding war to acquire Fuse TV, which is up for sale by it’s parent company Madison Square Garden, Co. and turn it into Revolt TV.

A purchase of Fuse would add an additional 74 million homes to Revolt’s reach which already boasts 22.8 million through it’s Comcast and Time Warner distribution. The wider distribution would also garner higher subscriber fees and add distributors such as DirecTV, Dish Network and Cablevision to the Revolt fold.

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