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:
- Maryland Weather: Wind Chills Fade as Light Snow Chances Linger
- Coppin State Among Schools Named in International College Basketball Betting Scheme
- A Serious Matter! Meet The Mirror-Mesmerizing AKAs Exemplifying Excellence As The Oh So Pretty Pioneers In The Divine Nine
- Iyanla Vanzant Talks Returning To OWN With ‘Iyanla: The Inside Fix,’ Turning Healing Into Homework & Her ‘Humbling’ Viral Memes [Exclusive]
- Keith Porter Jr’s Family Demanding Arrest Of Killer ICE Agent, GoFundMe Campaign Raises Almost $400,000
- Da Brat and Judy Open Up About Their Love Story in The Way Love Goes
- Win A Valentine’s Day Classic Soul Show Grand Prize Package!
- DHS Claims ICE Agent Who Killed Renee Good Suffered Internal Bleeding Without Evidence
- What We Know About DHS’s Wild Story About ICE-Involved Shooting In Minneapolis, And What We Should Believe
- Bishop Hezekiah Walker Reveals He Is Cancer Free Following Prostate Cancer Diagnosis
Tyler Perry May Purchase Majority Stake in BET From Paramount Global was originally published on wzakcleveland.com
