Fuse TV (tv network)

Parent of Jennifer Lopez's NUVOtv buying Fuse from MSG

Parent of Jennifer Lopez's NUVOtv buying Fuse from MSG

J-Lo has beat Puff Daddy in the quest to buy Fuse. 

SiTV Media, the parent of the Jennifer Lopez-backed English-language Latino cable network NUVOtv, has entered an agreement with the Madison Square Garden Co. to acquire its music television channel Fuse, the companies said on Friday.

SiTV will pay $226 million for the channel, which is carried in 73 million homes in the United States, and MSG will take a stake in the combined company. Hip-hop mogul Sean Combs was said to have also bid for the network.

The acquisition could greatly expand the reach of Glendale-based NUVOtv. 

The purchase will enhance the company's relationships with pay-TV distributors...

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