It looks like Sean “Diddy” Combs is about to expand his TV music empire, word has it that Diddy put in a bid of $200 million to purchase Fuse Music Network with the intent to convert it into Revolt TV. His current station Revolt TV, is now available to 22.8 million households through Comcast and Time Warner, but Fuse right now reaches 74 million households, which would substantially increase the networks viewership, the acquisition would allow Diddy to expand Revolt TV’s distribution and boost the subscriber fees. The current owners, The Dolan family who also own the New York Knicks are looking for $400 Million, way under what Diddy bid, MSG spokeswoman Kimberly Kerns told Bloomberg:
“We are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process”
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