Tyler Perry Reportedly in Talks With Paramount to Buy Majority Stake in BET

Tyler Perry is looking to buy a majority stake in BET from parent company Paramount Global and has been involved in discussions regarding the possible sale, Variety reports.

The actor and entrepreneur currently has a minority stake in the Paramount-owned business, which includes BET, VH1, BET Studios, and BET+. Paramount Global has been exploring a sale of the Scott Mills-run operation, and Perry appears to be one of the leading names in talks to buy the majority stake in the company.

Perry already has a working relationship with BET CEO Mills, and Paramount Global CEO Bob Bakish. He also produces a number of projects for BET and BET+, including House of Payne, Sisters, The Oval, Ruthless, Zatima, and Assisted Living.

This post will be updated.