Monday, March 06, 2023

Tyler Perry in Talks to Buy BET


Four years ago Tyler Perry signed a production deal with BET [click here if you missed that]. 

Now the billionaire movie mogul is in talks to buy the network...

From Variety 
Tyler Perry is in talks to purchase a majority stake of BET Media Group amid reports that parent company Paramount Global is exploring a sale of the asset, Variety has confirmed.
Perry currently owns a minority stake in the operation run by CEO Scott Mills, which includes cablers BET and VH1, and also produces a large portion of the programming available on BET and streamer BET+, which he helped launch in 2019. Also among BET’s divisions is production company BET Studios, which counts Kenya Barris, Rashida Jones and Aaron Rahsaan Thomas as minority stake holders.
Perry and BET have a long history, as the network helped fund his first feature, 2005’s “Diary of a Mad Black Woman.” In 2017, Perry endeavored on a long-term film deal with Paramount, with a TV deal that began in May 2020. The partnership has been a lucrative and successful endeavor for Perry, Paramount Global president and CEO Bob Bakish and BET Networks president Scott Mills.
In addition to selections from his film library, among Perry’s TV projects currently available on BET and BET+ are “House of Payne,” “Sistas,” “The Oval,” “Ruthless,” “Zatima” and “Assisted Living.”

15 comments:

Kendall said...

Uhoh. Now a bunch of middle aged failed actresses from 30 years ago are gonna come falling out the woodwork with accusations of misconduct....

No Chiraq said...

Jussie gonna get some featured lead roles!

Anonymous said...

Keen Business Man.

Me said...

BET will never be what it was in the 80s-90s Good Luck Tyler Perry

Anonymous said...

@7:06 if BET is what it was in the 80's & 90's, it'll be outdated. That was almost 40 years ago.

Anonymous said...

It's BET not NBC.

Anonymous said...

BET still around who knew 🤷🏽‍♀️

Anonymous said...

I’d rather see Byron Allen buy BET. Allen is smarter and more savvy than Perry.

Anonymous said...

Get it Tyler!!!

Me said...

@7:11 the point is intelligent Black programming. You probably enjoy the minstrel show though

Kedarbenjudah said...

Wow is this what we all doin now? Wilie Lynch is alive and well I see. Props to you 9:34 for keep it a thousand, all most everybody else is running a company 10 times the size of BET and some are quintuple billionaires so they can just dismiss this. A few besides you but most hated on an opportunity to see more representation of us by us and also put the pride of giving the "B" in BET meaning again.

Anonymous said...

His programming will be the same story line.

Anonymous said...

Willie Lynch is a myth that fools keep perpetuating for some reason. Tyler has the money and the business acumen but he has no taste. Plus his coon shows are a study in incompetent acting and writing.

Anonymous said...

Byron Allen would be a better fit for BET. Tyler Perry will continue the hoodrat. The low level programming will continue with Tyler. He revels in producing programming that caters to the Madea set. The writing and acting all Tyler Perry movies and shows are subpar and I expect the same should he take over at EBT.

Sunno said...

I just read Byron Allen wants to purchase BET.

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