Tyler Perry in Talks to Acquire Paramount’s Majority Stake in BET

Tyler Perry in Talks to Acquire Paramount’s Majority Stake in BET

Tyler Perry is reportedly in talks to acquire Paramount’s majority stake in BET. According to the Wall Street Journal, Paramount is exploring the sale to raise funds for Paramount+, the company’s streaming platform.

Tyler Perry currently owns a minority stake in BET and has a long relationship with the network, which helped fund his first big screen movie, Diary of a Mad Black Woman.