Tyler Perry’s Rumored Deal To Purchase BET Has Seemingly Not Been Finalized, Despite Reports

Tyler Perry

Tyler Perry’s Rumored Deal To Purchase BET Has Seemingly Not Been Finalized, Despite Reports

There seems to be some confusion about whether or not BET has found its new owner.

Media mogul Tyler Perry made headlines earlier today (June 13th) after a now-retracted report alleged that he signed a deal to become the sole owner of the giant production company.

As we covered at the start of this year, Paramount announced plans to sell the Black Entertainment Network, sparking a massive response from big names in the media and entertainment world. Tyler Perry, along with fellow moguls 50 Cent, Diddy, and Byron Allen all reportedly expressed interest in taking BET’s helm. Back in April, the “Madea” franchise creator made it very clear he intended on pursuing the acquisition, telling reporters:

“I’ve been there for four years now and had tremendous success. 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.”

The 53-year-old entertainer already has a relationship with BET and has produced several original scripted series for the network.

Perry also played a major part in helping BET launch its subscription service BET+ back in 2019, which has seen much success. This explains why when media outlet The Streamr first posted their article about the alleged purchase, the story quickly gained steam. However, as Huffington Post reporter Phil Lewis explained, the article was subsequently removed from The Streamr’s site as it’s likely a deal has not been finalized. Lewis wrote:

“The Tyler Perry buying BET “report” is not a largely consequential thing but it is worth pointing out what separates news outlets from blogs and the like: corrections”


“The Streamr simply pulled down the original report: no correction, or explanation or anything. Several blogs have done the same, or just left the story up. They’re under no obligation to do so”

It does not seem that Perry nor any reps from BET have commented about the rumors at this time.


Do you think we’ll get a Perry x BET announcement in the near future? Leave your predictions in the comments below! 

Authored by: Kay Johnson