MSG to sell Fuse

CHANGE OF FUSE: Madison Square Garden Co. is taking steps to unload music-TV channel Fuse and has enlisted JPMorgan Chase to research the sale, Bloomberg reports. A statement from MSG acknowledged the company had been approached by buyers for Fuse but declined to name them; the story speculates the cable outlet’s value may be around $300-400 million. As you may have heard, MSG recently formed a new music company, Azoff MSG Entertainment, with a certain impresario whose name escapes us at the moment. MSG stock was up 1.6% at market’s close today. (9/13p)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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MSG to sell Fuse

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