Guggenheim Partners boss Alan Schwartz is quietly shopping MSG’s Fuse network, several sources told The Post.
While Guggenheim hasn’t officially been hired, Schwartz is having informal conversations with various parties interested in the music channel.
Schwartz is a board member at Fuse parent MSG and is a friend of controlling shareholder Jim Dolan.
Fuse insiders deny there’s a sale process and insist that the network is looking for content partnerships.
“Guggenheim has not been hired,” an MSG spokesperson said. Guggenheim didn’t respond to a request for comment.
But a source said: “Alan has a hunting license on this.”
Fuse commands, on average, just 6 cents a month per subscriber from cable and satellite companies, according to SNL Kagan.
It could be more valuable in the hands of a company with leverage to extract more fees. The Post first reported that Fuse was on the block on March 22.
MSG had received expressions of interest, prompting it to consider a sale of Fuse.