Fuse Media has new ownership. The cable TV and OTT video channel, which targets a young Latino and multicultural audience, has sold a majority stake to its CEO Miguel "Mike" Roggero and his management group.
The acquisition means that for the first time in its 16-year history (26-year history if you include its predecessor MuchMusic USA), the company will be led by a Latino ownership and management team. “At a time when millions of Americans of all races and ethnicities are calling for more representation and servicing of underserved communities, the Fuse Media management team is taking ownership of its collective destiny.
Read more on hollywoodreporter.com
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