Back in 2019 Tyler Perry partnered with BET to launch the BET+ streaming app. According to The Hollywood Reporter, streaming service BET+ is shutting down, and its programming will be folded into Paramount+, the company announced Friday.
“Paramount Skydance has bought out Tyler Perry Studios’ equity stake in BET+, which will help facilitate the move,” The Hollywood Reporter said.
According to the publication, BET Networks president Louis Carr said in a memo to staff that the move will “ensure the stories we champion, the creators we support and the culture we represent [will] go further than ever before.”
The changeover will happen in June, when about 1,000 hours of BET+ programming will become part of Paramount+, including the Perry-produced All the Queen’s Men and Zatima, The Ms. Pat Show and the critically acclaimed Diarra From Detroit.
Keep all the queens men
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In other words Paramount Skydance is going to make some major changes with BET+. It might not even be named Black Entertainment Television once Paramount Skydance is done. If you are black and successful you have to fight hard just to keep something that you have built. Throwing money at black business moguls and buying them out is one of the ways THEY do it.