While previous speculation that AMC Networks could be for sale came last week, today we are back to word that the fuse network is close to being sold. According to the report, "Sean Combs, the hip-hop mogul now known as Diddy, has bid about $200 million for the Fuse cable-TV channel". He would combine it with his own music channel Revolt TV and gain wider cable distribution. Will Jimmy Dolan sell? Is there other motivation to make such a deal?
For those that don't know, fuse and MSG CEO Jimmy Dolan also fronts a band, JD and the Straight Shot. If you saw the movie, August:Osage County, you may have actually heard some of their music. Perhaps a move with Diddy helps JD get his music a wider awareness and notoriety. Or it is simply the time to cash out. But given Jimmy Dolan's love of music and the music scene, it is hard to believe that he would let go of fuse completely.
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