Paramount Buys Out Tyler Perry Stake in BET+, Will Fold Streamer into Paramount+

News that underscores that the conglomerate of Skydance-Paramount-WBDiscovery wants all the assets, and unlike the Redstones, has no interest in selling bits and pieces to reduce debt.

I can’t say I was enthusiastic about the prospect of Tyler Perry buying BET+ because it didn’t seem as if it would be large enough or have enough of an international distribution system to be viable. On the other hand, the announcement that BET+ will be ‘rolled in’ gives no comfort.

Now, I’m wondering if the Ellisons are going to want to get Simon & Schuster back.