Tuesday, March 07, 2023

Byron Allen Interested in Purchasing BET


This week it was revealed that Tyler Perry was in talks to purchase BET [click here if you missed that]. 

Tyler has some stiff completion, because Detroit native Byron Allen is also interested in purchasing the network...

Other parties are also said to have expressed an interest in the BET businesses.
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. 

No comments:

Post a Comment