Madison Square Garden’s sale of Fuse hasn’t found any bidders at the asking price, sources told The Post.
The music-themed channel, being shopped by JPMorgan Chase, is in 73 million homes and carries mostly chart music videos and a news show featuring British “It” girl Alexa Chung.
The bank had pegged Fuse’s value at around $300 million, sources said.
Bids were due Dec. 6 but none met the bar, one source close to the talks said.
“As we have stated, we are exploring strategic alternatives for Fuse and have no further comment on what is still an ongoing process,” an MSG spokesman said.