'Byron Allen is interested in buying BET, and he will be pursuing the acquisition of the network,' a rep for the mogul says.
Another potential suitor is Byron Allen, who controls a number of local TV stations as well as The Weather Channel and other assets via his Entertainment Studios firm. “Byron Allen is interested in buying BET, and he will be pursuing the acquisition of the network,” a rep for the mogul says.
The sources added that if a deal closes, Paramount expects to maintain a minority stake in the business, as well as a commercial relationship. Scott Mills serves as BET’s CEO. BET is also unusual within Paramount’s portfolio in that some of its divisions have minority investors of their own. BET+, for example, counts Perry as an investor, while BET Studios
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
WSJ News Exclusive | Paramount Global Explores Sale of Majority Stake of BET Media GroupParamount is exploring a sale of a majority stake of BET Media Group, which includes the cable channels BET and VH1, people familiar with the matter said
Lire la suite »
Paramount Global Exploring Sale Of Majority Stake In BETParamount Global is in early exploratory talks to sell a majority stake in BET Media. The company has been pretty clear about its desire to explore opportunities to raise cash, including an attempt…
Lire la suite »
Paramount Global considers selling majority stake of BET Media Group, sources sayParamount Global is exploring a majority stake sale of BET Media Group but isn't looking to sell off other parts of the business, sources say.
Lire la suite »
Paramount Explores Selling Majority Stake in BETStar multi-hyphenate Tyler Perry is in talks to buy the stake, though discussions are still in the early stages, a source tells THR.
Lire la suite »
Tyler Perry Eyeing BET as Paramount Global Explores SaleTyler Perry is in talks to purchase a majority stake of BET Media Group amid reports that parent company Paramount Global is exploring a sale of the asset, Variety has confirmed. Perry currently ow…
Lire la suite »
Paramount Global In Talks With Tyler Perry To Sell Majority Stake In BETUPDATED with Tyler Perry interest: Paramount Global is talking with Tyler Perry about a deal for BET Media as the conglom explores a sale of a majority stake in the division. Perry, who has a stron…
Lire la suite »