Jennifer Lopez beats out Diddy to acquire Fuse, but won't merge it with her TV channel

SCOTT GRIES/Getty Images

Jennifer Lopez beats out Diddy to acquire Fuse, but won't merge it with her TV channel
(Image credit: SCOTT GRIES/Getty Images)

Fuse, the network that bills itself as the place "where music lives," has a new owner: Jennifer Lopez.

The parent company behind NuvoTV, which Lopez holds a minority stake in, is plopping down $226 million for the struggling network. Fuse parent company MSG has been looking to offload the channel for awhile, and its top bidders turned out to be two very famous people: Lopez and her ex-boyfriend, P. Diddy. In the end, Team Lopez offered $25 million more than Diddy, who was planning on using Fuse's cable deals to promote his newly launched music channel, RevoltTV.

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Jordan Valinsky is the lead writer for Speed Reads. Before joining The Week, he wrote for New York Observer's tech blog, Betabeat, and tracked the intersection between popular culture and the internet for The Daily Dot. He graduated with a degree in online journalism from Ohio University.