Diddy reportedly wants to buy FUSE TV for $200 million

theGRIO REPORT - Similar to when WWE CEO Vince McMahon, acquired rival wrestling brand WCW, it appears that Diddy wants to buy Revolt’s competition...

Luther Vandross was outed as gay after his death.

Though the initial launch was shaky, Diddy’s Revolt TV has largely been a success.

Branded the new number one in music news, the Bad Boy founder now looks to expand his empire in 2014.

Madison Square Garden’s Fuse TV Network is for sale and it’s been reported that Diddy has placed a bid for around $200 million.

Similar to when WWE CEO Vince McMahon, acquired rival wrestling brand WCW, it appears that Diddy wants to buy Revolt’s competition.

“As we have stated, we are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process,” Kimberly Kerns, a spokeswoman for MSG, said in a statement to Mashable.

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You can check out Kyle’s musical coverage on theGrio’s music page, and follow Kyle on Twitter@HarveyWins

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