Tyler Perry Seemingly Hasn't Finalized Deal To Takeover BET, Despite Reports

BYCole Blake2.5K Views
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2019 BET Awards - Arrivals
LOS ANGELES, CALIFORNIA - JUNE 23: Tyler Perry attends the 2019 BET Awards on June 23, 2019 in Los Angeles, California. (Photo by Leon Bennett/FilmMagic)
Tyler Perry has reportedly yet to finalize a deal to purchase BET, despite rumors to the contrary.

Tyler Perry reportedly has yet to move forward with his goal of purchasing BET, despite a recent report from The Streamr claiming as much. The website broke the story, earlier this week, but has since taken down the report, as noted by the Huffington Post’s Phil Lewis.

The actor's Tyler Perry Studios company previously partnered with the network to create BET+. The streaming service features both original films and series from the BET library and has been a massive hit since launching. Perry has discussed the idea of buying BET in the past, confirming his intent to do so to Entertainment Tonight during an interview back in April. “Rumor? No, it’s not a rumor, I’ve been there for four years now and had tremendous success,'” Perry said at the time. "I wasn’t expecting this to happen, so, yes – if that is possible, I’m very, very interested in taking as much of it… If it’s possible, I’m gonna take as much of it as I can.”

Tyler Perry Accepts The BET Ultimate Icon Award

LOS ANGELES, CALIFORNIA - JUNE 23: Tyler Perry accepts the Ultimate Icon Award onstage at the 2019 BET. Awards on June 23, 2019 in Los Angeles, California. (Photo by Kevin Winter/Getty Images)

In that same interview, Perry also explained why Black ownership is important for the network. "I think there was sadness when Bob sold it, and I think there'll be happiness when it's Black-owned again," Perry said. "And even though Shari (Redstone) and what is it? Viacom and Paramount? They've done a phenomenal job with it. They didn't let it fall by the wayside; they didn't let it go into dust. They nurtured it and took care of it. And to see Shari at this position saying, 'I think it should be returned to a black owner?' I figured, OK, see, that's my kind of person.'"

"The Streamr" Takes Down The Report

For now, it seems Tyler Perry still has some competition before he can move forward with buying BET. Diddy as well as Byron Allen and others are reportedly also interested. Keep an eye out for official confirmation if Perry does purchase BET.

[Via]

About The Author
Cole Blake is a current staff writer at HotNewHipHop based out of New York City. He began writing for the site as an intern back in 2018 while finishing his B.A. in Journalism at St. John’s University. In the time since, he’s covered a number of breaking stories for HNHH. These include the ongoing YSL RICO trial, the allegations surrounding Diddy, and much more. His work also extends outside of hip-hop, having written extensively about a myriad of topics including politics, sports, and pop culture. He’s attended several music festivals to provide coverage for the site as well, such as Rolling Loud and Governors Ball.
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