Tyler Perry Is Set To Acquire BET Including VH1 & BET+

Tyler Perry Is Reportedly Set To Acquire BET For Over $400 Million

Tyler Perry will reportedly be announced as the next head of BET, according to a report from The Streamr.

‘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.

 

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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 BET Media Group, which also owns VH1.’

Perry was included in Time’s list of the 100 most influential people of 2020. In 2020, he was awarded the Governors Award from the Primetime Emmy Awards and the following year, he received the Jean Hersholt Humanitarian Award from the Academy Awards.

In 2022, he was inducted into the Black Music & Entertainment Walk of Fame.