The 43-year-old music mogul is one of several investors who have entered talks to acquire Fuse, which is currently owned by New York-based Madison Square Garden Company (MSG), and incorporate it into his Revolt TV channel, which is backed by Comcast Corp.(CMCSA), reported Contactmusic.
If Diddy - whose real name is Sean Combs - purchases Fuse, Revolt TV will gain wider distribution and higher subscriber fees.
Besides Revolt TV, Diddy's business interests have also included clothing lines and fragrances, restaurants and he recently jointly purchased an upmarket tequila company.
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