Tyler Perry May Purchase Majority Stake in BET From Paramount Global
Source: Variety / Getty
Tyler Perry is having conversations with Paramount Global about the purchase of a majority stake in BET Media Group.
Perry, 53, already owns a minority stake in the company. He has a long history with both BET and Paramount, which could help with the purchasing process should the two sides decide to move forward. Both companies have played significant roles in Perry’s entertainment career, with BET helping to fund Perry’s ‘Diary of a Mad Black Woman’ nearly 20 years ago.
Paramount, like most TV entertainment companies, has been making a lot of moves lately. If they move forward with Perry it could help in their desire to continue the rebrand of Paramount + and Pluto TV, the ad-supported streaming service that also falls within the Paramount umbrella.
Get Breaking News & Exclusive Contest in Your Inbox:
From Variety:
Earlier this year, Paramount announced it would be rebranding both Showtime’s linear and streaming platforms as Paramount+ With Showtime, folding the iconic brand into its priority streamer Paramount+. The move has already led to significant leadership changes and layoffs across the company.
Representatives for Paramount Global and Perry did not immediately respond to request for comment.
To finish the report from Variety, [click here].
The Latest:
- Mo’ Money Monday: Summer Ticket Scams on the Rise
- Beyoncé’s Cowboy Carter Tour Wraps As Highest Grossing Country Tour
- GloRilla Flips Mugshot Into Merch Following Arrest
- Jermaine Dupri Talks Magic City Doc and ATL Legacy at Urban 1 Summit
- Deion Sanders Reveals Bladder Cancer Diagnosis, Created Will Before Beating Disease
- Trump Wants To Prosecute Beyoncé And Kamala Harris Over An ’11 Million Dollar’ Payment That Doesn’t Exist
- Former Governor Roy Cooper Launches NC Senate Campaign
- Beyoncé Is Booked, Busy, & Still Unbothered As Trump Tries To Come For Her About Previous Harris Campaign Involvement
- Tyler Perry Reveals He Helped Ryan Coogler Secure ‘Sinners’ Deal, Talks Firing His Aunt For Not Coming To Work
- GloRilla Gloriously Grinds On Fan At Inaugural ‘Glo Bash,’ Turns Mugshot Into Merch
Tyler Perry May Purchase Majority Stake in BET From Paramount Global was originally published on wzakcleveland.com