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:
- St. Jude: Give To Get Your Shirt
- Dr. Tim Godfrey’s “Big God” Uplifts Hearts and Moves Feet
- Grammy-Award Winning Singer Mandisa Passes Away At 47
- Miracles Are Voice Activated | Dr. Willie Jolley
- Aaron Cole Teams Up With Grateful Apparel For ‘Sorry, I Changed’ Collection
- The Forge: First Look At New Faith-Based Movie Starring Aspen Kennedy & Priscilla Shirer
- Reflecting on My Experience Honoring Sandra Crouch | Ericaism
- 3 Ways Singles Can Grow Closer to God
- Come On Down! The Price Is Right Is Coming To MGM National Harbor This Fall
- Massive Recall List – Products Such As Tide Pods, Starbucks Mugs, Trader Joe’s Cashews, and More
- Reports Show Growing Number Of Young Adults Find The Bible Transformative In Their Lives
Tyler Perry May Purchase Majority Stake in BET From Paramount Global was originally published on wzakcleveland.com