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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 and open up...

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