Tyler Perry is in talks to buy a majority stake in BET
business, which includes BET, VH1, and the BET+ streaming service, a source familiar with the matter tellsthat Tyler Perry, a longtime partner of BET, is engaged in conversations to buy the stake. Perry’s deal with Paramount, which, is said to be coming up, and the deal, if it happens, would give him ownership of the brand, which airs many of his shows.
The sources both cautioned that the discussions are still in the early stages, and there is no guarantee of any transaction taking place. They added that if a deal closes, Paramount expects to maintain a minority stake in the business, as well as a commercial relationship. Scott Mills serves as BET’s CEO.
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