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In a watershed moment, it appears that both Tyler Perry and Byron Allen are competing to acquire the majority of BET Media Group.
According to reports, Perry has been involved in conversations with executives at Paramount Global with the aim of acquiring a majority stake in the BET Media Group. The operation includes BET and VH1 as well as streaming network BET + and the BET Studios production company. Allen, who is the founder and head of the Allen Media Group, has publicly acknowledged through a spokesperson that he was “interested in buying BET, and he will be pursuing the acquisition of the network.” Representatives for Perry and Paramount Global didn’t respond to press inquiries about the situation.
The 53-year-old Perry enjoys a good relationship with Paramount and BET dating back to 2005 when the latter network funded his first motion picture, Diary of a Mad Black Woman. Since then, he has been in partnership with Paramount on a long-term film deal that began in 2017. The two entities entered into a television partnership deal in May 2020. Both have been lucrative ventures, with Perry releasing several series to popular acclaim including “House of Payne,” “Sisters,” “Ruthless”, and “The Oval”
on BET and BET+.
The 61-year-old Allen and his company have been on a monumental path within the last couple of years, recently acquiring the Black News Channel for $11 million last year and lifting it out of bankruptcy. Allen’s company has also acquired The Weather Channel along with 27 ABC, NBC, CBS, and Fox affiliate stations within the past three years with an investment price of $1 billion. Digital outlets TheGrio and HBCU Go are also under the Allen Media Company umbrella.
News of Paramount Global’s potential sale of the BET Media Group was announced this past Monday in an article from the Wall Street Journal. Reports are that the group is looking to make the move to shore up a planned initiative to rebrand the Showtime linear and streaming networks into its own Paramount + network, which was announced earlier this year.
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A new generation of Duttons emerges in 1923, the latest addition to the Yellowstone franchise, premiering Sunday (Dec. 18) on Paramount+.
Helen Mirren and Harrison Ford star as Jacob and Cara Dutton in the prequel series exploring the Dutton family’s life during the early 20th century, amid pandemics, historic drought, the Great Depression and Prohibition.
The cast of 1923 includes Darren Mann, Michelle Randolph, James Badge Dale, Marley Shelton, Brian Geraghty, Aminah Nieves, and Jerome Flynn. 1923 is the latest Yellowstone prequel to land on Paramount+ after 1883, starring Tim McGraw and Faith Hill, debuted last year. All three shows are created by Taylor Sheridan.
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How to Watch 1923 on Paramount+
1923 is expected to drop on Sunday at midnight PT (3:00 a.m. ET) for Paramount+ subscribers in the U.S. and Canada. The show will debut on Monday, Dec. 19, for subscribers in the U.K. and Australia.
Additionally, the premiere episode of 1923 will air on the Paramount Network directly after Yellowstone on Sunday. If you don’t have cable or satellite, you can access the Paramount Network on Philo, SlingTV, DirectTV Stream, FuboTV, Vidgo and other streaming platforms that offer live TV.
Paramount+ starts at just $4.99 a month, plus you’ll get the first week free. Subscribers have the option of streaming Paramount+ from Prime Video and ExpressVPN allows you to stream from outside of the U.S.
Looking for a streaming deal? There’s still time left to save 50% on the Paramount+ annual plan dropping the price down to $24.99 for the year (offer ends Jan. 2, 2023). Paramount+ is also free for Walmart+ members and T-Mobile offers a year of free Paramount+ with select mobile and internet plans.
Paramount+
$4.99/month
Stream original shows, movies, sports and more on Paramount+, including The Game, Mayor of Kingstown, At Midnight, 1883, The Challenge: All Stars, Behind the Music, Ink Master, Fantasy Football, Monster High, and Star Trek: Prodigy.
Watch the trailer for 1923 below.
