Jennifer Lopez performs at the American Music Awards at the Nokia Theatre L.A. Live on Sunday, Nov. 24, 2013, in Los Angeles. (Photo by John Shearer/Invision/AP)
NEW YORK: The Jennifer Lopez-backed company that owns NUVOtv, an English-language cable entertainment network aimed at Latinos, has bought the Fuse music network.
SiTV Media said Friday it had agreed to pay $226 million to Fuse's owner, the Madison Square Garden Co. SiTV reportedly outbid Revolt, the music network started by Sean Combs.
Fuse is currently in 73 million homes, more than twice that of NUVOtv. SiTV announced no plans to change or close Fuse, although there's precedent for companies buying networks with greater distribution in order to help their own networks grow. Al-Jazeera bought Current TV and shut Current down.
Lopez is a shareholder and chief creative officer at NUVOtv.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
In one corner you've got the starring members of the country boys' club: The veteran George Strait; the Australian...
It’s becoming increasingly clear to me that life hardly ever goes according to plan, as demonstrated by the situation...
Sean “Diddy” Combs will be the first to tell you that he doesn’t launch brands, he launches lifestyles.
The Jennifer Lopez-backed company that owns NUVOtv, an English-language cable entertainment network aimed at Latinos,...
A Syrian envoy said Al-Jazeera's interview with the leader of Nusra Front violated U.N. counterterrorism resolutions...
More Americans have watched the U.S. football team in this World Cup than ever before.
FOLLOW THIS ARTICLE