Last month Diddy and a group of investors submitted a $200 million bid for The Fuse channel to help expand Diddy’s Revolt Music Network.
However, 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 $226 million in cash and 15 percent equity stake in the combined Fuse and NuvoTV Network,
Via: Rhymes With Snitch
