NEW YORK (EXPO):  P Diddy has reportedly bid $200 million for a TV station. The 43-year-old music mogul is one of several investors who have entered talks to acquire cable channel Fuse, which is currently owned by New York-based Madison Square Garden Company and incorporate it into his Revolt TV channel which is backed by Comcast Corp, three sources told Bloomberg. According to one of the sources, if Diddy whose real name is Sean Combs purchases Fuse, Revolt TV will gain wider distribution and higher subscriber fees.
The channel currently reaches around 22.8 million homes.