P Diddy seen leaving BOA steakhouse (Jan. 17, 2012)

*Diddy is launching a new music-themed cable network.

The rap mogul, born Sean Combs, has reportedly been negotiating a deal with Time Warner Cable (TWC) and cable Comcast to carry Revolt, an urban music network that will have a heavy focus on videos instead of original programming.

According to BraodcastingandCable.com, one source described the network – which Diddy is looking to launch on Dec. 12, 2012 – as similar to the “old days” of MTV.

A TWC spokesman reveals the company has held “some discussions” with Diddy about Revolt, but a Comcast representative wouldn’t confirm its involvement with the rapper.