J-Lo and Diddy Turn Rivals as They Vie for MSG’s Fuse TV

Jennifer Lopez, the pop star and entrepreneur, is challenging her former beau Sean “Diddy” Combs as the two compete for Madison Square Garden Co.’s Fuse TV, people with knowledge of the matter said.

NuvoTV, an English-language cable channel for Latinos backed by Lopez, made an offer for the Fuse cable channel including cash and equity valued at more than $200 million, said the people, who asked not to be identified because the process is private. Combs has offered to buy the channel for about $200 million, people familiar with the situation said this week.