J.Lo-Backed NuvoTV Outbids Diddy for Fuse

WEST HOLLYWOOD, CA - FEBRUARY 21:  Actress/singer Jennifer Lopez arrives at Fox's "American Idol Xlll" Finalists Party at Fig and Olive on February 20, 2014 in West Hollywood, California.  (Photo by Kevin Winter/Getty Images)
Photo: Kevin Winter/Getty Images

Running into an ex is one thing; having them best you in a $200 million bidding war? Yikes. J.Lo-backed NuvoTV, an English-language channel that produces Latino entertainment (including Nickelodeon's The Brothers García), outbid Diddy for the purchase of Fuse TV from Madison Square Garden Co. NuvoTV plans to use Fuse to further expand its audience, while Diddy had hoped to merge Fuse with his new video channel, Revolt.