Tyler Perry Purchased and Take Control of BET, Including VH1 network

A new report from The Streamr claims Tyler Perry will take control of BET Media Group for an undisclosed amount. Perry previously signed a multi-year joint venture between Tyler Perry Studios and the BET+ streaming service.

BET+ productions such as All the Queen’s Men and Ruthless film at the Tyler Perry Studios in Georgia. If Perry does finalize a deal to acquire BET Media Group, he will also take control of the VH1 network

I can.”

However, Perry is not the only interested buyer. Diddy would also love to get in on that, and it looks like another outlet jumped the gun and decided to report that Perry had a done deal. The report surfaced as a claimed exclusive from a site called TheStreamr, and although the report quickly spread, the Huffington Post’s Phil Lewis noted on Twitter that the report has evaporated: “Just FYI, the original report on this Tyler Perry BET news has been taken down.”

However, signs do point towards the Madea creator potentially buying BET. In April, Perry went on record with Entertainment Tonight in response to louder-than-whispers assertions that he would soon take the cable channel from CBS/Paramount Global. 

“Rumor? No, it’s not a rumor, I’ve been there for four years now and had tremendous success,’” Tyler Perry told Entertainment Tonight in April 2023 about potentially purchasing BET.

The 53-year-old Atlanta resident added, “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.”