Diddy bid $200 million for Fuse TV, according to Bloomberg.
The publication, which notes three people with knowledge of the situation as its sources, says that if Diddy purchases Fuse, his network, REVOLT, would have greater distribution and higher subscriber fees. According to Bloomberg’s findings, Fuse is available in approximately 74 million homes. Meanwhile, REVOLT reaches 22.8 million homes.
Kimberly Kerns, a spokesperson for MSG, which owns Fuse, recently addressed this matter. “As we have stated, we are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process,” Kerns said.
Paul Sweeney, an analyst for Bloomberg, says this is a low offer. “An offer of $200 million seems low for almost 75 million households,” Sweeney says. MSG has been asking for approximately $400 million for Fuse, as per Bloomberg.
REVOLT launched in 2013. Around the time of its launch, Diddy spoke about his plans for the network. “Music is consumed at an all-time high right now,” he said at the time. “If you think about it, in the next five years, television will be everywhere. It will be on your mobile devices. It will be everywhere. It will be worldwide. That’s really the opportunity I saw. I saw there was no ESPN of music. There was no CNN of music. There was no one trusted destination.”
RELATED: Diddy Explains Revolt TV’s Plans
too low, get your money up Doody
Music wise Puffy has been irrelevant for 15 or so years.
G.
Diddy dropped a single in late 2010 that went double Platinum and charted in 18 countries including #11 in the U.S. His album did moderately well also.
maybe I should have said Hip-Hop
He had to go the Skylar Gray/Alex Da Kid route, a guaranteed platinum single in 2010
Diddy is a hustler, grab Skylar and Alex and the white consumers will show their support.
you mean sellout
Music….. Diddy still has artists, his label is still dropping albums and he finds a way to pop up on the Hottest remixes so he will remain relevant for at least another ten years.
He’s like the Madonna of hip-hop but only uglier and with less talent.
Skylar Grey ain’t that big of an artist and alex da kid isn’t well known unlike mike will.
Most of his label’s albums flopped.
Fuse cannot be worth more than 50 milli can it?
This would be a nightmare. Rick Ross and French Montana videos all day long LOL. Maybe some re-runs of Diddy’s Making Da Band in the wee hours of the morning.
lmao!!! nah it would be a good look though brothas owning shit..
I watched some of Revolt and it was solid programming, they had a almost 106&Park vibe during thie segment I watched but more geared towards adults they interviewed Slim Thug had some live Rock bad perform and then had an outdoor concert.
Diddy can buy Fuse and turn it into Revolt, kill the competition and bubble, so proud to see a Brother making moves like this.
What an ignorant comment, most of the programming wont even be music videos and why say Ross and French when MGK, Los, Janelle Monea and French would be a more accurate joke?
he doesn’t promote them like that
Diddy out here giving rich white boys and former pro snowboarders reality tv shows on Revolt, should make for some great programming when they premier.
You dont become the richest man in rap by solely catering to the Negroes, your target audience is
twenty-something white males because they have the most spending power to buy your albums, clothing, cologne, and alcohol that will be advertised extensively through all forms of media including Revolt/Fuse.
Content is always key, if Diddy was smart he would give us an updated Rap City and try to wrestle Aaron Mcgruder and his “Black Jesus” to Revolt but thats not likely to happen.
you’re saying he’s not smart?
200 Million is ridiculously low for a successful television network. The CEO’s at Fuse probably laughed when they heard about this. And isn’t that like half of his money? lol This man must think he’s a billionaire or something. Just throwing away that much money as if he can afford to. I’m not saying what he has isn’t a lot, but there’s levels… He’s rapper rich, but not TV network rich. Most people who own networks have billions in the bank, Puff is way out of his league. Fuse are not going to accept that offer, and Revolt is a flop that will eat away at all of his money. This is what happens when ego gets the best of you. I’m not impressed
He obviously wasn’t putting up 200 of his own millions, he has investors. Just like he doesn’t really own Revolt.
Are you slow?
If Magic Johnson can have a network then so can Diddy and Diddy is such a remarkable salesman he won’t have any trouble finding investors and corporate sponsors. Saying that Revolt is a flop after 1 month is idiocy and you people said the same thing about Oprah and OWN.
LOL 1 month? it launched in October.
” Diddy is such a remarkable salesman”
so remarkable Excuse My French went quadruple diamond.
Obviously there wasn’t much promotion for excuse my french. It’s a dope album but got ignored in favor of pop stars like macklemore and kendrick. BTW, macklemore stole mgk’s act. Macklemore listened to mgk’s thrift shop and copied it word for word.
thats what everyone says after they flop
French Montana had the 18th best selling Rap album of 2013 which is great considering the fact that he can’t actually rap, he’s still one of the most sought after artists to book.
1. Excuse My French got tons of promo.
2. Macklemore and Kendrick are not pop artists.
3. Macklemore and MGK sound nothing alike. MGK never had a song called Thrift Shop.
4. Having the 18th best-selling hip-hop of 2013 is terrible and French is not the most sought after artist to book.
We need a new Eurodance / Italo disco/ Tech House album from Puff.
He should team up with Jay-Z and buy it.
“you mean sellout”
Diddy is all about the Benjamin’s, the true sellout is Eminem who went from being a fierce battle rapper to a guy with Skylar Grey and Alex da Kidd on his last album.
Diddy went from bringing up artists like Notorious B.I.G., Black Rob, The Lox, etc, to putting on rappers like French Montana & MGK….
Montana and MGK are dope rappers that respect hiphop. Alex Da kID DOES HIPSTER MUSIC like radioactive.
“Alex Da kID DOES HIPSTER MUSIC like radioactive.”
is that why Diddy called him up to make his last real hit record? LOL
Diddy actually produced it, yet let alex da kid take credit.
“Montana and MGK are dope rappers that respect hiphop.”
No, they’re not. They’re terrible rappers with no respect for hip-hop.
“Diddy actually produced it, yet let alex da kid take credit.”
Diddy doesn’t even do any producing. Alex Da Kidd produced his last hit song.
your only what your worth if someone is willing to pay it.
Diddy is a terrific rapper, winning a grammy yet you all bash him. Biggie’s great but rick ross is even better and the next biggie.
If you think Rick ross is the next biggie u must be a dam Fool.There is only one biggie and he will always be remembered as the king of NY.
There is no biggie anymore. He’s dead. But ross is the succesor to him, maybe he’s biggie reincarnated.
Rick ross better than biggie? diddy a terrific rapper? you sir are a clown!
Biggie only got popular because he died while Ross is already more successful than him. Also, Diddy won a grammy over life after death.
first off grammys don’t mean shit, biggie and ross ain’t even on the same page…. are you diddy? Cos you certainly seem to have a hard on for this man and no one loves diddy like diddy!
Cmon, you were secretly cheering kenwack to win over wacklemore. If biggie had won, you would dickride his nuts. Ross is the next biggie. They both look similar, they both rap killer lyric, personal inspiration, and the I dont give a fuck attitude.
I’m guessing you’re female? i don’t even watch the grammys or care about who wins, an accolade from the music industry doesn’t sway my like for an artist or the music they make, and by saying biggie and ross are on the same lyrical is crazy, saying that they are both fat… that doesn’t even make sense
Feelings were caught from this lonely white geek. Middle aged 40 year old man dickriding biggie and hating on the man who made him successful. Ross is on biggie’s level.
You just keep on smoking that crack i think i’ll stay in the real world, i have truly given up on hip hop forums too many idiots with no musical understanding you keep on sucking off that fat fuck ross and i’ll just listen to music
P.s i ain’t white white people listen to Ricky Rozzay
How does fiddy’s dick taste?
Haha the last resort of a person who can’t win an argument! fiddy hahahaha
you tell me you have a better view
weak niggas win grammys every year. he can’t even write his own songs.
Got love for Diddy just wish he would teach his artists how to conduct business and not be co dependant on him.
lol that’ll be the day. lmao
then he wouldnt be able to rape them and take all they money
how the fuck you gon diss Diddy when he created one of the greatest rappers of all time?
how he create him? you dont think biggie could have made it on his own? he might have been a doper rapper without diddy dancing all in his videos and shit.
Outside of rap music you gotta respect Diddy. I hope he doesn’t pull a Bob Johnson with Revolt and has Fuse received better bids yet?
Obviously there wasn’t much promotion for excuse my french.
Heavy radio play, banners on every music website, French himself claiming blockbuster numbers on interviews before the release, twitter and instagram blew up, but there wasn’t much promotion. Riiight, maybe he should put more into the music and his bars next time and maybe he won’t see numbers rappers selling cd’s in the barbershop get.
Pop that was a huge hit but no other singles came out and interscope did not do much promotion. 1,000 people check out every hiphop site but its not like 1 million.
That’s not what they were saying leading up to the album release tho, French was talking about his album like it was they next Life After Death in interviews, the expectations were nothing like the results and then he backpedaled when he saw those lemonade stand numbers. He was better off not saying anything.
He wasn’t saying it was the next life after death. He said it was its own thing that is on a league COMPARABLE to life after death. That also means being the chronic, mmlp, and other classic albums. And it truly was a classic album.
Net Nerds need to kill that noise about Banner Ads and Website promotion knowing damn well that the street crowd that fucks with Frenchie only go online to Tweet for pussy and IG for more pussy.
The mane did decent enough numbers he did more than Big Sean and right around that area of
Yo Gotti, Tyga and Pusha T……Wale doubled French but he got bitches buying his rhymes.
the 40 year old nigga who takes selfies in his car thinks niggas really go on twitter and IG for pussy, LOL what a geek
Excuse My French is classic garbage that flopped hard.
but Pop That was the 2nd biggest rap song of 2012 behind thrift shop!!!
No, it wasn’t
You’re right, it wasn’t. It’s the biggest rap song of 2012. I don’t count thrift shop as hiphop but more into bitchmade music.
Pop That is not the biggest hip-hop song of 2012. There was tons of hip-hop songs that did better than it. Besides, Thrift Shop is a hip-hop song, more hip-hop than Pop That.
That’s bs puffy don’t have that kind of money right now cause revolt tv took like $400mil
They got financing.
he didnt buy revolt alone, he got partners
Diddy is a broke nigga, how the fuck he gon buy somethin for 200 milly?
Borrowing and paying it back thru the budget duh.
This dumbass just said Diddy is broke….
Does anyone understand what they mean by bid? Obviously a lot of you suburban test tube babies and ghetto ass crack babies don’t. If someone comes along with a better offer then Diddy doesn’t get to buy fuse, or fuse might end up bargaining with Diddy until they agree on a figure, or fuse just stays put.
Hush fool. Diddy is a BRAND if Fuse wanna go to war then they can strap up but Revolt is the fuckin culture.
https://twitter.com/BigDaddyReek/status/443466594350411776/photo/1
You niccas can trash him all you want, but No Way Out is still a classic album
thanks to all them niggas writing songs for him
^shit was a classic my man, i still got victory and been round the world in heavy rotation and i aint even from NY (from long beach).
More like thanks to a grammy that it won over life after death.
Nope. More like thanks to the tons of people who took part in producing and writing Diddy’s raps. Still, Life After Death is a superior album.
^Diddy made Biggie famous, why the fuck are yall hatin him?
because diddy is the musical equivalent of a pimp, all the rappers are his hoes and he makes money from them, they are the talent, he has never written a hit song for himself, props to being a successful pimp though. And why the fuck won’t people stop going on about grammys like it means something… so in turn you like all grammy winners from the whole span of the awards across all genres? just because you win a grammy don’t mean everybody has to respect you..
“Diddy made Biggie famous, why the fuck are yall hatin him”
AND BIGGIE MADE DIDDY FAMOUS! IT GOES BOTH WAYS. BIG WAS THE ONE WITH THE TALENT.
The article is speaking on a cable channel, Revolt, and gaining ownership
yet the fuckybergs wanna talk about French Montana
lol
sad individulas
Kendrick threw in an additional $10.75
That joke sucked.
another failed kendrick joke from you know who, LOL
dat nigga Kendrick made more than Rick Ross and everyone on MMG last year
How are kendricks nuts resting against your chin feel?
Black Niggaz making moves
with white partners and investors no doubt