TV Takeover: Diddy Bids on Another Music Network

Last year, Sean "Diddy" Combs unleashed the music channel Revolt TV in conjunction with Comcast and Time Warner cable for a music experience unlike any before, fusing social media with television for a televised music community.

Now, the mogul has his sights set on another music network, Fuse. Along with multiple other bidders, Combs has put down a bid for $200 million to purchase the network rival to add to his growing media empire.

According to reports, Fuse (owned by Madison Square Garden, or MSG) is looking to sell for $400 million. They reach approximately 74 million homes while Revolt reaches about 23 million, so it would mean a huge expansion for Combs if he acquires the network!