Back in June it was reported that Tyler Perry was unwilling to cough up the $3.5 billion asking price for BET and later called Paramount Global's bidding process 'disrespectful [click here and here if you missed that].'
Now BET is being sold for less than $2 billion...
From Reuters
Paramount Global (PARA.O) is in talks to sell its Black Entertainment Television network to a management-led investor group, Bloomberg News reported on Wednesday, citing people familiar with the matter.
The potential buyers include BET Chief Executive Officer Scott Mills and Chinh Chu, a former Blackstone executive who runs New York-based CC Capital Partners, the report said.
A price of a little under $2 billion has been discussed, according to the report.
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