Tyler Perry Says BET Bidding Process Was Disrespectful

Billionaire Tyler Perry has expressed his true sentiments in response to Paramount’s change of heart regarding the sale of BET.

via AJC:

“I was disappointed about it for a number of reasons,” Perry said during a Bloomberg summit on Black entrepreneurship at The Gathering Spot in Atlanta. “The way it happened was disrespectful in a lot of ways.”

He didn’t get into specifics but did say: “Don’t try to get me to pay for something that’s not worth anywhere near the value” Paramount said it was.

Perry’s remarks came during a panel moderated by Shartia Brantley, head of inclusive programming for Bloomberg.

Perry still has a minority stake in the BET+ streaming service and provides content to Paramount Global properties such as BET and Nickelodeon. “God bless them,” he said. “I’m still working with them. I wish them the best.”

When Brantley asked if Perry would reconsider if Paramount placed BET up for sale again, he gave a firm no.

I absolutely agree with Tyler. Based on the way BET is currently being run, it's not worth the financial ask.