*Paramount Skydance is assuming full ownership of BET+ after purchasing Tyler Perry’s minority stake in the streaming service. The transaction arrives as the company prepares to retire BET+ as an independent platform and move its programming library to Paramount+ starting in June 2026, Variety reports.
Perry previously held a 25% interest in BET+, a position he obtained through a production deal with Paramount signed in 2019. Terms tied to Paramount’s acquisition of the stake have not been publicly disclosed.
A representative for Paramount confirmed the agreement and said the partnership between the studio and Perry will remain in place. “As part of this evolution, Paramount acquired Tyler Perry Studios’ equity stake in BET+. We share the same ambition to expand the reach of BET content, and Tyler will continue to be a valued and important partner through his overall programming agreement.”
The shift in streaming strategy was shared internally by BET president Louis Carr. In a memo sent to staff, Carr explained that Paramount+ will become the primary platform hosting the programming previously available through BET+.
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Discussing the move, Carr wrote, “This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before… Our celebrated Black storytelling will live alongside Paramount’s premium series, sports, specials and films, where it will be clearly branded, prominently featured and easy to find in the BET Hub.”
After the transition takes effect, Paramount+ will house more than 1,000 hours of BET-related programming. Titles expected to be available include “The Ms. Pat Show,” “All the Queen’s Men,” “Zatima,” “Average Joe,” and “Diarra From Detroit.”
Carr also noted that the broader BET brand will continue operating across other areas of the company. The network’s linear television channel, the production division BET Studios, and BET Digital operations will all remain active as part of Paramount’s long-term content plans.
In his message, Carr reiterated that BET remains a “cornerstone of Black culture” and an “essential part of Paramount’s portfolio and long-term content strategy.”
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