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“For the first time in 21 yrs, BET is black owned yet again, and for the first time ever VH1 has become black owned! Tyler Perry just produced heritage as the very first African American to obtain two main tv networks,” the tweet browse.
The exact monetary specifics with the offer have not been disclosed, but experts on this type of transaction have placed an important benefit around the acquisition of the two networks. With the purchase, Perry assumes Manage above Wager Media Team, which incorporates other networks such as VH1.
" By 2019, he was partnering Using the network to acquire its very first streaming company into Guess+. Today, many of his authentic demonstrates, created from Atlanta's Tyler Perry Studios, and his performs stream within the System.
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Perry provides a $a hundred and fifty million per year offer to deliver content material for BET that expires in 2024. Resources claimed he could search for a far more lucrative deal from the streamer like Netflix next 12 months when his deal expires rather than obtaining Guess.
Should the rumors of Perry's acquisition of Guess Media Team be confirmed, the focus might change to any primary written content he may very well be establishing that may not currently related to other media entities.
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Benzinga attained out to Paramount for remark and can update the Tale if it gets a reaction. A information left with Tyler Perry Studios went unreturned.
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