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

Published: Friday 4th Apr 2014 by David
jennifer-lopez-fuse

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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  1. YOOSONDALOOSE April 4, 2014

    Lord 226 MILLION!!!!
    Jlo does not play!

    • Jennys Papi April 4, 2014

      She’s a boss

  2. Grump April 4, 2014

    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.

    • LaLopez April 4, 2014

      Shut up.

      • Grump April 4, 2014

        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. girl whettt ???????? April 4, 2014

    what the hell is she going to do with “Fuse” ????? smdh

    • loveides April 4, 2014

      Promote her falling music career with Pitbull.

  4. xedos April 4, 2014

    she a front a minority owner.

  5. lovebird April 4, 2014

    I’m guessing with Revolt TV, Diddy isn’t exactly liquid right now. Either that or JLo slept with somebody.

    • Grump April 4, 2014

      Lol diddly obviously has more money than her. He probably didn’t see any worth in trying to outbid her.

  6. Tonio April 4, 2014

    I’m confused. Google say she’s only worth $300 million. Does that mean she only have $74 million left? Lol

    • loveides April 4, 2014

      The other network she works with bought it not just her.

  7. loveides April 4, 2014

    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. Ajanni April 4, 2014

    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.

    • Shanny April 5, 2014

      She’s keeping fuse as it is she already has another network that caters to the Latino base

  9. FAF April 4, 2014

    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*

    • Jennys Papi April 4, 2014

      A lot of jealousy

  10. Jennys Papi April 4, 2014

    J.los a boss when will Beyonce Rihanna Mariah or Lana make a MAJOR MOVE like this?

    • IStanForYourFav April 4, 2014

      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

    • OrangeJuiceInstead April 4, 2014

      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

    • Adam Jones April 5, 2014

      Did You Mention Beyonce Are You aware she worth Billion dollar now lol you compare her to this cheap b**** please

  11. DGAF April 4, 2014

    J-Ho

  12. ENOUGH ONIKA (NEW & IMPROVED) April 4, 2014

    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!

    • Kesha Rose April 4, 2014

      What he do

      • ENOUGH ONIKA (NEW & IMPROVED) April 4, 2014

        Chris being turned over to federal marshals….Huh, put this fool in prison and be done..

  13. Kesha Rose April 4, 2014

    J.lo runs the world.

    • ENOUGH ONIKA (NEW & IMPROVED) April 4, 2014

      Now you know you reaching….

  14. IStanForYourFav April 4, 2014

    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.

    • IStanForYourFav April 4, 2014

      Know****

      I hate typos

  15. Rosie April 4, 2014

    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. SLAYRIAH CAREY (TOUR DE FORCE) April 4, 2014

    Mariah is above this though.

  17. Adam Jones April 5, 2014

    she is comparing J ho to Beyonce net worth b**** save me the drama

  18. JuanR April 5, 2014

    J Lo is a Boss!
    Good for her!

  19. Suicide Blonde April 5, 2014

    One of the most powerful women in the Music/Cinema industry, Brava!

  20. jlove April 5, 2014

    jlo is a boss…..

  21. coches rc electricos baratos April 7, 2014

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