Some know him from the “Madea” movies. Some know him from “Gone Girl.” Some know him for his enormous wealth. And a lot of us know him as Princess Lilibet’s rumored godfather. We know him as the one who opened up his eighteen million-dollar Los Angeles mansion for Prince Harry and Meghan Markle to live in during the COVID-19 pandemic.
With a net worth of over one billion USD, Tyler Perry‘s wealth still only seems to be growing. Even with his increasingly immense wealth, Tyler is known for being a philanthropist.
Speaking of philanthropy, Tyler Perry was generous enough to offer aid to the Sussexes during the pandemic without even having met them. After Prince Harry’s and Meghan Markle’s messy and complicated exit from royal life, Tyler proved to be an incredibly resourceful friend for the couple to rely on. Tyler was even rumored to be named Princess Lilibet’s godfather after he grew close with the two.
Tyler’s name has recently been popping up in news headlines due to a possible BET Media Group deal coming his way. What’s more, is that the deal is expected to bring in a massive amount in monetary terms for the one that lands it. Though no sources have confirmed Tyler signing the deal, some say that it looks like he is on the road to doing so.
Also Read: Why Did Prince Harry Step Down From His Royal Duties?
Tyler Perry Lands A Lucrative Deal?
It is no secret that Tyler Perry is a very successful entrepreneur. So, it would not be surprising if Tyler continued delving further into the business world with yet another venture.
Recently, an online news report from “The Streamr” initiated a series of reports and blogs about Tyler Perry having signed a “lucrative deal” that would put him in charge of the cable channel BET. However, the post has since been taken down, and we are yet to receive any signs of confirmation from Tyler or anyone else involved.
BET is a cable channel made for African American audiences. Hence, the name “Black Entertainment Television.” Its parent company is BET Networks and is owned by Paramount Global. BET has been criticized for “promoting negative stereotypes” about the Black community by several public figures, and right now, there seems to be a long list of names who desire to take over the channel, trying to bring it back into the hands of a member from the Black community. One among them is reportedly Tyler Perry.
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Tyler has had a great relationship with Black Entertainment Television which can be traced all the way back to when Tyler put out his first film in 2005. Named ” Diary of a Mad Black Woman,” Tyler’s first movie was a rom-com that eventually became the first of the iconic Madea film franchise. BET played an integral role in the release of the movie as they helped him gather enough funds for the production. Almost twenty years later, Tyler has multiple shows airing on the channel and has a twenty-five percent stake in BET too.
In fact, his shows “The Oval” and “Sistas” are the most streamed on BET+, a streaming platform. BET+ also shows how much of a close relationship he has with BET since BET+ was a joint initiative between Paramount Streaming and Tyler Perry Studios.
Tyler has previously publicly expressed his interest in taking over BET several times. There had previously been rumors that the actor wished to purchase the network, and when asked if they were mere rumors, Tyler said that the rumors were true. He expressed his satisfaction of having worked with the network since 2019, saying that he had found “tremendous success” in the last four years. He then directly confirmed that he is ” very, very interested” in purchasing as much of the network as he can.
Besides, Paramount has also expressed its views on handing over the network to Black investors or institutions, saying that it may “unlock opportunities and value.” There is also news that Shaq, Byron Allen, and Diddy are keen on acquiring the channel besides Tyler. The reason Paramount is not hesitating to let BET be up for grabs is that they have lost a huge amount of money due to the merging of the network Showtime and Paramount into Paramount+. So, at present, Paramount is in need of large funds and resources in order to keep Paramount+ and Pluto TV afloat.
Right now, news of Tyler Perry taking control of BET has spread, owing to one misinformed post supported by a few rumors and past statements from Tyler Perry himself. With Paramount losing around 575 million USD last quarter, the deal seems plausible too. Despite all the clamor and celebrations following the news, there has been no response from Tyler or Paramount.
So, as we wait for further confirmation from those involved in the matter, this piece of news can simply be brushed aside or taken as an early prediction of BET’s future with Tyler Perry.
Also Read: Tyler Perry’s Madea Movies In Order
