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Entertainment
Chris Katje

Tyler Perry Closes Deal To Purchase BET And VH1 From Paramount Global

Tyler Perry BET Paramount VH1 Para BET Media Group Paramount Global Byron Allen Tyler Perry Studios 50 Cent
Tyler Perry attends Tyler Perry Studios grand opening gala at Tyler Perry Studios on October 05, 2019 in Atlanta, Georgia. Unconfirmed rumors of Perry acquiring BET Media Group have arisen amid claims that other potential suitors have included Allen, 50 Cent, Diddy and Shaquille O’Neal. (PAUL R. GIUNTA/GETTY IMAGES)

Reports have surfaced that world-renowned producer, director, actor, screenwriter and entrepreneur Tyler Perry has finalized a deal to purchase BET and VH1 from Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA). Amid unconfirmed reports, let’s delve into the most recent news and speculation.

Tyler Perry attends Tyler Perry Studios grand opening gala at Tyler Perry Studios on October 05, 2019 in Atlanta, Georgia. Unconfirmed rumors of Perry acquiring BET Media Group have arisen amid claims that other potential suitors have included Allen, 50 Cent, Diddy and Shaquille O’Neal. (PAUL R. GIUNTA/GETTY IMAGES) 
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