Jennifer Lopez Beats Out Ex Diddy To Cop Fuse TV
The bidding war to buy Fuse TV has turned into a battle of the exes.
According to THR, sources say that Jennifer Lopez has beat out former flame Diddy—known then as Puff Daddy while they were dating from 1999-200— after the J.Lo-backed NuvoTV outbid him for the music channel.
The Madison Square Garden company, which owns Fuse, has reportedly struck a deal with NuvoTV, the English cable channel where the “I Luh Ya Papi” songstress serves as chief creative officer and owns a minority stake. NuvoTV reportedly offered cash and equity valued at over $200 million.
“Things are in that 99.9 percentile,” says a source, while another said, “It’s getting done.”
Read on here.