Timing is the key to Russell Simmons success with his monumental ventures with Def Jam and Phat Farm, which is why he is trying his hand at his own television network.

"I am going to buy a TV network. When mainstream networks say diversity, they mean segregation. 'Let's do some more black TV.' Instead, there's all these cultures that should be more integrated properly. Instead of giving Paris Hilton a show, for example, you could do one with Amber Rose. You'd be better off. One is hot, the other is not. Networks are a little slow in how mainstream culture is shifting. There's a lack of integration in Hollywood, and I want to address that."

Simmons is going in on the venture with Hollywood producers Brian Grazer and Ron Howard, who will be releasing a statement soon in regards to the network.

Source: thisis50.com