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Case Of The Ex: Jennifer Lopez Successfully Outbids Diddy In ‘Fuse’ Sale

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Their split may have seen them lose interest in each other, but it’s become quite apparent that exes Jennifer Lopez and ‘Big Homie’ star Diddy have more common than their respective fan bases were aware of…until this week.

One of these common interests? The acquisition of the ‘Madison Square Gardens‘ company’s ‘Fuse‘ music network, which saw the pair engage in a bidding battle to claim ownership of the business.

Who won?

Details below…

Outbidding her former lover to pick up the company via her very own ‘NUVOtv‘, Lopez’ acquisition of ‘Fuse’ saw her do so at the cost of $226 million. This, after Diddy joined billionaire Ron Burkle to make a reported offer of $200 million.

On her latest win, Jennifer shared:

“Music is my first love so the acquisition of Fuse is near and dear to my heart. It’s exciting that between NUVOtv and Fuse we’ll have the ability to deliver a broad array of terrific content both from a Latino perspective and across multiple genres, including music, to a broader audience. The acquisition of Fuse means we now own two wonderful assets. It’s a phenomenal time for our company and we look forward to growing both networks in the years ahead.”

With no intentions to alter its current format, the singer’s latest venture will see her keep ‘Fuse’ as it is, with her manager Benny Medina revealing:

“We do look at these channels as two different companies with two different identities, audiences and goals.And these shall remain intact.”

Your thoughts?

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36 Comments

  1. April 4, 2014 at 6:06 pm
    YOOSONDALOOSE says:
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    Lord 226 MILLION!!!!
    Jlo does not play!

    • April 4, 2014 at 7:35 pm
      Jennys Papi says:
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      She’s a boss

  2. April 4, 2014 at 6:06 pm
    Grump says:
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    I’m no hater but Jenny is doing way too much to stay in the news recently and I guess too keep those fat checks coming in but how does she expect to run all these businesses and focus in her music at the same time. If I’m not mistaken this is like her 4th purchase and it’s not like any of them have been hugely succesful. I think diddy was smart not try and compete with her. He probably didn’t see fuse as being worth that extra $26 million and she probably just spent all that money to outshine him. Talk about wasteful spending and butter exes.

    • April 4, 2014 at 6:20 pm
      LaLopez says:
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      Shut up.

      • April 4, 2014 at 6:50 pm
        Grump says:
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        Lol I’m not here to fight Stan wars. I’m just talking from a business major stand point of view. I’m guessing the former owners are selling it cause it’s not a cash cow so why spend so much money on it if she plans to keep the exact same programming and not change anything? If she did the to hurt diddly she’s obviously dumb.

  3. April 4, 2014 at 6:25 pm
    girl whettt ???????? says:
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    what the hell is she going to do with “Fuse” ????? smdh

    • April 4, 2014 at 6:48 pm
      loveides says:
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      Promote her falling music career with Pitbull.

  4. April 4, 2014 at 6:28 pm
    xedos says:
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    she a front a minority owner.

  5. April 4, 2014 at 6:34 pm
    lovebird says:
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    I’m guessing with Revolt TV, Diddy isn’t exactly liquid right now. Either that or JLo slept with somebody.

    • April 4, 2014 at 6:48 pm
      Grump says:
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      Lol diddly obviously has more money than her. He probably didn’t see any worth in trying to outbid her.

  6. April 4, 2014 at 6:42 pm
    Tonio says:
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    I’m confused. Google say she’s only worth $300 million. Does that mean she only have $74 million left? Lol

    • April 4, 2014 at 6:47 pm
      loveides says:
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      The other network she works with bought it not just her.

  7. April 4, 2014 at 6:45 pm
    loveides says:
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    Well she needs somewhere to pluggin her singles and upcoming flop album heavily cuz you know she is not going to sell with a sinking ship like Idol.

  8. April 4, 2014 at 7:28 pm
    Ajanni says:
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    I will be surprised if this succeeds. The Latino part sounds like a failure. Fuse should be suitable for all audiences. We all know that JLo shows a inherent disdain for the sistas on American Idol but now to outbid Puff and turn it into a Latino music station is just asking for a colossal collapse.

    • April 5, 2014 at 5:27 pm
      Shanny says:
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      She’s keeping fuse as it is she already has another network that caters to the Latino base

  9. April 4, 2014 at 7:28 pm
    FAF says:
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    Damn y’all hating and i didn’t know she had that much bread

    She’s a mother of two so she’s now a mogul she’s long had many businesses tho #congrats

    *waits for a troll*

    • April 4, 2014 at 7:34 pm
      Jennys Papi says:
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      A lot of jealousy

  10. April 4, 2014 at 7:32 pm
    Jennys Papi says:
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    J.los a boss when will Beyonce Rihanna Mariah or Lana make a MAJOR MOVE like this?

    • April 4, 2014 at 9:15 pm
      IStanForYourFav says:
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      No shade. But why would they do something like this?IIt’s borderline stupid. If she fails (I’m sure she will), will you be saying the same thing?

      NP: Secretly

    • April 4, 2014 at 9:44 pm
      OrangeJuiceInstead says:
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      Sorry jenny but this was a foolish move on J Lo’s part.

      Fuse has never been hot, nor will it ever be hot lol. she pretty much wasted her money.

      – Nobodys watching Nuvo
      – Barely anyone is watching Fuse
      – Two flop channels don’t turn in profit.

      She honestly should’ve kept her 226M

    • April 5, 2014 at 12:09 am
      Adam Jones says:
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      Did You Mention Beyonce Are You aware she worth Billion dollar now lol you compare her to this cheap b**** please

  11. April 4, 2014 at 7:35 pm
    DGAF says:
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    J-Ho

  12. April 4, 2014 at 7:43 pm
    ENOUGH ONIKA (NEW & IMPROVED) says:
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    Sam, just because you have a new layout doesn’t mean you can be lazy on the updates and get me to stay. You haven’t posted on Chris Brown yet and I’m ready to drag! SO GET TO IT!

    • April 4, 2014 at 7:46 pm
      Kesha Rose says:
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      What he do

      • April 4, 2014 at 7:59 pm
        ENOUGH ONIKA (NEW & IMPROVED) says:
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        Chris being turned over to federal marshals….Huh, put this fool in prison and be done..

  13. April 4, 2014 at 7:46 pm
    Kesha Rose says:
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    J.lo runs the world.

    • April 4, 2014 at 8:08 pm
      ENOUGH ONIKA (NEW & IMPROVED) says:
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      Now you know you reaching….

  14. April 4, 2014 at 9:12 pm
    IStanForYourFav says:
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    I’m so confused… her network just hit 300 million this year. Where is she going to get the money to pay it? Networks don’t actually equal your true bsna account.

    I think I Joe why Diddy let her outbid him… remeber that, “I’ll let both of them m************ drown…,” statement, well it’s coming back to her lol. Good luck though J. Lo. You’re so pretty.

    • April 4, 2014 at 9:13 pm
      IStanForYourFav says:
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      Know****

      I hate typos

  15. April 4, 2014 at 10:00 pm
    Rosie says:
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    Sam I agree with @Enough Onika. I’m expecting posts on Fist Brown and Lana tomorrow. This is like the only major site not reporting any of those but you all are too focused on flops like Mindless Behavior (who) and Michelle Williams.

  16. April 4, 2014 at 11:35 pm
    SLAYRIAH CAREY (TOUR DE FORCE) says:
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    Mariah is above this though.

  17. April 5, 2014 at 12:12 am
    Adam Jones says:
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    she is comparing J ho to Beyonce net worth b**** save me the drama

  18. April 5, 2014 at 5:32 am
    JuanR says:
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    J Lo is a Boss!
    Good for her!

  19. April 5, 2014 at 7:41 am
    Suicide Blonde says:
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    One of the most powerful women in the Music/Cinema industry, Brava!

  20. April 5, 2014 at 8:14 am
    jlove says:
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    jlo is a boss…..

  21. April 7, 2014 at 4:29 am
    coches rc electricos baratos says:
    Vote

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