(UPDATED) NuvoTV, whose shareholders including Jennifer Lopez, has acquired music cable network Fuse in a $226M deal with MSG. Fuse is the largest music related network on cable after MTV. Sean Combs' RevoltTV was also vying to buy Fuse.
“Music is my first love so the acquisition of Fuse is near and dear to my heart,” said Lopez, who serves as chief creative officer for NuvoTV, in a statement. “It’s exciting that between NuvoTV and Fuse we’ll have the ability to deliver a broad array of terrific content both from a Latino perspective and across multiple genres, including music, to a broader audience."