But Guess Group’s long run earnings are at risk as wire-chopping carries on to hammer the ranks of US cable subscribers.

A sale to one of many well known black bidders would permit possibly one particular to draw in far more money from advertisers who allocate section in their funds to minority-owned broadcasters, a resource said.


If this report is accurate — and we really hope it is—Tyler Perry would become the final word manager, with total Regulate above the BET Media Team and in some cases VH1! Is it possible to imagine the outstanding power he'd have on the earth of media? It can be like he's taking up the entertainment universe!

The acquisition of BET and VH1 marks an important milestone from the representation and ownership of the amusement industry. Perry’s accomplishment as an African American entrepreneur and his motivation to showcasing numerous stories and voices have paved just how for improved prospects and inclusivity within the media landscape.



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CJ says: June 24, 2023 at 6:24 am Try to remember over four hundred several years of racism & injustice carried out to African Americans. Unfortunately racism, covert / overt exclusion & micro aggression are still a each day incidence during the lives of most African American. Africans taken from their homeland for being slaves. Then the man taken from his spouse and children & place out to “stud” ensuring more enslaved workers. This remaining his wife alone boosting the children though remaining raped by “grasp” to produce extra slaves. Unfortunately This is often only a microcosm of a number of the horror knowledgeable by these human beings.

built a jaw-dropping deal, but we're not sure you are able to deal with it. Brace yourselves, 'result in below it can be: Tyler Perry has swooped in and snatched up the two legendary networks (BET and VH1) for any whopping $four hundred million! Which is some major schmoney, and our heads remain spinning with the assumed!

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Considering that its start, the Wager+ streaming service has professional amazing achievement. In 2021 by yourself, BET+ was chargeable for fifty percent of the subscribers and nearly all earnings progress for that channel.

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“This is the dysfunctional corporation. Almost nothing they do surprises me,” a source close to the method claimed.

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