Under Paramount Skydance’s ownership, BET is shutting down BET+ and will merge the content on the subscription service with the flagship Paramount+ streamer. In addition, Paramount is acquiring Tyler Perry’s minority ownership stake in BET+. Terms of that transaction are not being disclosed. “As part of this evolution, Paramount acquired Tyler Perry Studios’ equity stake […]
Paramount Skydance Buying Out Tyler Perry’s Stake in BET+; Streaming Service to Be Phased Out and Content Merged With Paramount+