For those that didn’t know, FuseTV is owned by the good folks at Madison Square Garden. Sources are now reporting they are unsure of the future of the company. Will it stay under the control of MSG or will a new owner come along to scoop up the network. We will have to wait and see how this plays out.
Here’s some news for Fuse: Madison Square Garden Co. is mulling the future of the cable music network.
Sources said MSG has been weighing options for the channel, including selling all or part of it and bringing in new content partners in exchange for an equity stake.
“They’ve received interest from various major media companies asking if there’s interest in a strategic partnership,” said one source.
A Fuse spokesman declined to comment.
One idea being floated by outsiders is merging Fuse with AXS-TV, a live entertainment network backed by Mark Cuban, AEG, “American Idol” host Ryan Seacrest and Hollywood talent agency CAA.