The hip-hop mogul says his network fills a gap created when Viacom’s VH1 and MTV shifted away from music videos.When Viacom’s VH1 and MTV moved away from music videos, they created an opportunity for Revolt TV network, hip-hop mogul Sean “Puff Daddy” Combs told executives recently in Los Angeles, according to CNBC.
“We’re following the footsteps of ESPN and CNN,” he told the crowd, according to CNBC. Consumers “need the Weather Channel and they need Revolt,” he told the audience at the annual Cable Show, the industry’s largest trade show.
Combs predicted that his Revolt TV network will one day be the size of The Walt Disney Co.’s ESPN. He acknowledged the risk of starting a traditional TV network in today’s environment, in which consumers increasingly are moving toward digital video streamed over the Internet. But he argued that Viacom’s shift to reality shows and away from music videos left fertile ground for his television network to flourish.
Source: The Root | LYNETTE HOLLOWAY