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Tyler Perry buys BET and VH1 #juneteenth #juneteenth2023



Tyler Perry has won the bidding war to purchase and buy BET networks from Paramount Viacom Studios. So proud of this brother. The Deal includes VH1.

Tyler Perry is soon to be announced as the new owner of BET.

According to a new report, the mogul has worked out a deal to buy the BET Media Group from parent company Paramount Global for an undisclosed sum.

via The Streamr:

Tyler Perry (Madea, Gone Girl), founder and CEO of Tyler Perry Studios, will take control of BET. For reference, Perry’s net worth was recently stated by Forbes as $1 billion.

BET+, the streaming service for the cable channel, is a joint venture between Paramount Streaming and Tyler Perry Studios. Launched in 2019, the service established a 4 year relationship between Paramount and Perry.

Tyler Perry OUTBID Byron Allen, Diddy, Shaq, 50 and more. The BET sale is ongoing. Rumored to be sold in the $400 million range. @BETNetworks @betxplus @vh1

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#blackownedbusiness #juneteenth #juneteenthcelebration #juneteenthlaunch #JUNETEENTH2023

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