BET’s “Sistas”, “Zatima”, “All The Queen’s Men” and more creator Tyler Perry just made one of the biggest moves of the year and we’re so happy for him!!
We’re now allegedly looking at Tyler Perry as the owner of BET!
LoveBScott & The Streamr broke the news sharing:
Tyler Perry (Madea, Gone Girl), founder and CEO of Tyler Perry Studios, will take control of BET, The Streamr has learned. The deal comes as a relief to Paramount Global, who I have learned is “hemorrhaging money”, according to a source, to the tune of more than $400 million. For reference, Perry’s net worth was recently stated by Forbes as $1 billion.
This new deal, valued at an undisclosed amount, will give Perry, a veteran champion of content aimed at the African American demographic, control over BET Media Group, which also owns VH1.
BET+, the streaming service for the cable channel, is a joint venture between Paramount Streaming and Tyler Perry Studios. Launched in 2019, the service established a 4 year relationship between Paramount and Perry.
CEO of Paramount Global, Bob Bakish, previously explored a sale of a majority stake in the company. CNBC reported that insiders at Paramount believed selling to a group of wealthy black investors could “unlock opportunities and value”.
One fan shared:
“For the first time in 21 years, BET is black owned again, and for the first time ever VH1 is now black owned!
Tyler Perry just made history as the first African American to buy two major television networks.”
Many are expecting the news to be announced at the BET Awards which airs June 25th!
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Sistas follows a group of single Black females as they navigate their “complicated love life,” careers and friendship through the ups and downs of living in a modern world of social media and unrealistic relationship goals. The women must navigate this new-age dating scene as they continue to search for love in their 30’s.
Sistas ensemble cast includes KJ Smith, Mignon, Ebony Obsidian, Novi Brown, Crystal Renee’ Hayslett, DeVale Ellis, Chido Nwokocha, Anthony Dalton II, Brian Jordan Jr., Kevin A. Walton, and Trinity Whiteside.
Tyler Perry’s Zatima follows popular characters Zac (Devale Ellis) and Fatima (Crystal Renee Hayslett) as they navigate the ups and downs of their relationship. The series marks the second spin-off from a Tyler Perry top-rated linear show to get greenlit by BET+ following The Oval‘s offshoot Ruthless.
The series is executive produced, directed, and written by Tyler Perry.
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