Tyler Perry Accuses Paramount Of Trying To Pressure Him To Pay More For BET Than Its Worth, Vows to Refrain from Future Bidding If Network Reenters the Market for Sale

Tyler Perry could have been glad to take over BET, however because the sale fell by means of, he has referred to as the method “disrespectful.”

The “Madea” creator was amongst a number of media moguls to place their bids in for the community. Nonetheless, in August, BET was taken off the market. Although Perry didn’t have a lot to say about Paramount World halting the bidding course of, he did inform The Atlanta Journal-Constitution that he was handled unfairly.

“The way it happened was disrespectful in a lot of ways,” he said, later including, “Don’t try to get me to pay for something that’s not worth anywhere near the value.” For this cause, Perry mentioned he wouldn’t re-bid for BET if it goes again up on the market. Shortly earlier than the bidding ended, there have been studies that Perry was being pressed by Paramount to up his supply. Perry reportedly proposed $2 billion for almost all stake, although Paramount World requested $3 billion.

Perry nonetheless works carefully with the community streaming platform BET+. He owns a minority stake within the app and produces authentic content material for BET and Nickelodeon by means of a deal he’s held since 2019. Regardless of the soured bidding course of, Perry has no exhausting emotions towards Paramount.

“I’m still working with them. I wish them the best,” Perry reassured.

Sean “Diddy” Comb, Kenya Barris, and Byron Allen have been additionally occupied with buying the community. Any of those potential patrons would have returned BET to its black-owned glory days.