BET Media launching Tyler Perry-centric FAST channels
BET Media and Tyler Perry are teaming up on two new FAST channels that will offer replays of certain BET sitcoms and dramas.
BET Media and Tyler Perry are teaming up on two new FAST channels that will offer replays of certain BET sitcoms and dramas.
The deal would involve a purchase of National Amusements, then an immediate merger with the famed movie studio.
Paramount Global is engaged in conversations to sell BET Media for up to $1.7 billion, according to a report on Tuesday.
Paramount has hired investment bankers to explore the potential sale of certain assets, according to the company’s co-CEOs.
Eight series will be offered to subscription-based and ad-supported streaming services.
Laura Martin with Needham cautioned mega mergers between large media companies was unlikely as long as Democratic lawmakers are in power.
Paramount has abandoned plans to sell a majority stake in BET Media, according to a report published late Wednesday evening.
The cheaper version will cost $6 a month and include ad breaks between 15 and 30 seconds long.