BET’s “Sistas” & “Zatima” Creator Tyler Perry is officially not in the running anymore for owning BET and we’re so sad about the news!
It was just announced that the full stake isn’t for sale anymore.
Paramount, the company at the center of this decision, reportedly communicated their verdict to the bidders earlier this week. Tyler Perry, recognized for his prolific contributions to the entertainment industry, was among the notable figures keenly interested in obtaining the B-E-T Network. His endeavors encompass an array of successful shows on the network, such as “SistAs” and “The Oval.” Perry also owns a minority stake of the BET+ streaming service.
Paramount has decided to end BET’s $3 billion auction, following Tyler Perry’s refusal to increase his $2 billion bid. Paramount will retain ownership.
Are you shocked by the news? Let us know your thoughts!?
“Sistas” follows a group of single Black females navigating 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. Tyler Perry takes viewers on an exhilarating ride of emotions and gut-busting predicaments that will test the ladies’ long-standing friendship. This band of women, intertwined with their newfound relationships, must navigate this new-age dating scene as they continue to search for love in their 30s. “Tyler Perry’s Sistas” airs Wednesdays at 9 PM ET/PT on BET and BET Her.
Tyler Perry Studios continue to reign across platforms, with “Sistas” claiming the top spot as the #1 series with Black viewers L+3 currently airing on cable.* BET grew its “Sistas” audience versus L+SD double-digits +26%. The network also scored viewership lifts with the cable airing of BET+ original series “Tyler Perry’s Zatima” and “First Wives Club” +8% and +13%, respectively. Executive produced, directed, and written by Tyler Perry, the beloved series features the talented ensemble cast, 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 is the owner of other series like “Zatima”, “The Oval”, “All The Queen’s Men” and more.
The BET Media Group, a unit of Paramount (NASDAQ: PARAA; PARA; PARAP), is the world’s largest media company dedicated to entertaining, engaging, and empowering the Black community and championing Black culture. Connecting Black audiences through a portfolio of brands including BET, BET+, BET Gospel, BET HER, BET International, BET Jams, BET Soul, BET Studios, and VH1, the BET Media Group is a thriving media ecosystem of leading interconnected platforms across cable TV, streaming, digital, studios, live events and international.
Tyler Perry Studios is a state-of-the-art film and television production facility founded in 2006 by actor, producer, filmmaker, playwright, and philanthropist Tyler Perry. Located in Atlanta, Georgia on the historic grounds of the former Fort McPherson army base, the new 330-acre campus is one of the largest production studios in the country. It boasts a variety of shooting locations including 40 buildings on the national register of historic places, 12 purpose-built sound stages, 200 acres of green space and an expansive backlot.