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.
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.”