Hip Hop mogul Sean “Diddy” Combs, is willing to bid about $200 million for the Fuse cable-TV channel.
Combs, 43, rose to fame as “Puff Daddy” and has founded fashion, liquor and media businesses, including the cable-music channel Revolt TV. He would convert Fuse, owned by Madison Square Garden Co., into Revolt TV, which has backing from Comcast.
With the purchase, Revolt TV would gain wider distribution and higher subscriber fees.
Revolt made its debut on Comcast last year and airs music videos, live performances, news and interviews.