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:

• NBA Commissioner Adam Silver Says Trump Is A "Genuine Knicks Fan" Despite Loud Boos
• Biggest Things You Missed At WWDC26
• Border Patrol Denies Somali World Cup Referee Entry Into US
• Videos Go Viral Showing People Abuse Black Stress-Relief Dolls In China
• The Knicks Vs. Spurs Game 3 Was A Movie: Here Are The Moments You Missed While Watching The Score
• Boy, you look just like yo daddy! Father’s Day Contest
• Nearly Half Of Americans Say They’re Financially Worse Off Than A Year Ago
• Kai Cenat Announces Return Of Streamer University & Applications Flood Social Media
• Idris Elba Lays The Black James Bond Talk To Rest
• Black People Have Been Boycotting The Same Insult For 40 Years