Tyler Perry BET Deal Falls Through as Paramount Removes Network From Sales Block
Paramount Global has pulled out of a deal to sell BET Media Group to renowned filmmaker Tyler Perry. According to The Wall Street Journal, Paramount announced that they had ended the bidding process, which would have included VH1 and BET Studios, streamer BET+ and the BET channel because “a sale wouldn’t result in any meaningful deleveraging … [Read more…]