Home / Showbiz / Jennifer Lopez Screws Over Her Ex, Puff Daddy! And Not In A Good Way!

Jennifer Lopez Screws Over Her Ex, Puff Daddy! And Not In A Good Way!

jennifer lopez diddy outbid in tv network purchase

Guess these two aren’t such friendly exes right now.

After all, how could you be friendly with someone who just stole business from you!

Sean “Puff Daddy” Combs might be a serious businessman, but Jennifer Lopez is an even sharper businesswoman!

And girlfriend just made a major business move by buying Fuse channel from MSG! You see, NuvoTV network – in which J.Lo owns a minority stake – bought Fuse after an ongoing battle with Puff Daddy and his video channel Revolt!

While Puff Daddy, who was backed by billionaire investor Ron Burkle, offered $200 million for the network, J.Lo and NuvoTV one-upped him and got the deal done!

Ex-Fuse chief Eric Sherman admitted about the battle:

“This is a real blow to Diddy and Revolt. Fuse was such a perfect fit for them. But having worked with Jennifer on [American] Idol, I’m not surprised she and her team prevailed.”

It’s unknown how much money it took to seal the deal, but obvi it was more than $200 million.

And we’re guessing it was worth it for J.Lo because there is no price you can put on beating out your ex!

[Images via WENN.]

Tags: business, business blitz, diddy, exes, jennifer lopez, tv news

Source:
PerezHilton:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>