BET Is No Longer for Sale As Paramount Deal Falls Through

Essence Magazine:

By Jasmine Browley ·Updated August 18, 2023

Despite numerous reports, Black Entertainment Television (BET) is no longer be selling to a new owner.

This comes after previous reports posited Group BlackTyler Perry, Diddy and Byron Allen as competitors who were in the running to purchase the network.

An August 16 report by Wall Street Journal stated that Paramount Global dropped its plans to sell a majority stake in its BET Media

This post first appeared in Essence Magazine. Read the original article.