Diddy May Want To Buy Majority Stake In BET


The potential patrons’ pool of these excited by holding a significant stake in BET has grown by one. Though the cable community has begun to roll out new original programming, together with Mary J. Blige’s speak present The Wine Down, the rumors that its majority stake shares are up for grabs proceed to flood social media.

First, Variety reported that media moguls Tyler Perry, who already owns a minority stake within the firm, together with Byron Allen, have been coming into the talks because the Paramount World Explores (who at present holds the bulk sake) was open to promoting. Now, Diddy (actual identify Sean Combs) is coming into the chat. In response to Hollywood Reporter, the serial entrepreneur has expressed curiosity within the bid, which can broaden his media empire.

Diddy has owned the media outlet Revolt TV for practically a decade now. Though he was at one level the face of actuality tv programming at MTV, the entertainer has been an avid supporter of the community. In reality, final 12 months, on the community’s annual award ceremony, Diddy was given a lifetime achievement award.

No matter who wins the bid, THR spoke with a supply acquainted with Paramount’s spokespeople, and they’re anticipated to keep up a enterprise relationship with any potential purchaser.

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