Byron Allen, Tyler Perry and Sean “Diddy” Combs put in bids to purchase Paramount Global’s majority stake in BET Media Group, which includes BET, BET+ and VH1. Paramount Global has decided not to sell ...

The Berkshire Hathaway investor says he lost "quite a bit of money" betting on the media company. Let's try to figure out how much that is.

*Paramount’s newly appointed chairman and CEO, David Ellison, has put an end to rumors about selling BET Networks. According to TheWrap, during a Los Angeles press conference on Wednesday, Ellison ...

The new CEO of Paramount, David Ellison, assured reporters at a recent press conference that the BET Network will stay within the confines of the company, after Paramount floated the idea of selling ...

Paramount Global, the powerful conglomerate that oversees several major media networks, has decided to end its auction of a majority stake in one of its most notable properties. BET is no longer on ...

Paramount Global stock jumped 6% on Tuesday on the latest report the company has resumed talking to potential buyers of select assets after pausing the divestments during ultimately fruitless merger ...

Update 3:15pm: Adds details on Byron Allen bid. Paramount Global (NASDAQ:PARA) is in talks to sell Black Entertainment Television network to a management-led investor group. Paramount fell 3.6%. The ...

The latest reported price range for BET is less than half the $3.5 billion that media mogul Byron Allen extended to Paramount Global in late 2023. That came after Paramount Global earlier in the year ...

The company ended up taking down the "for sale" sign for the BET unit in August. By Carly Thomas Associate Editor In August, the Bob Bakish-led studio conglomerate took down its “for sale” sign on the ...

Paramount Global is in talks to sell its Black Entertainment Television network to a management-led investor group, according to people with knowledge of the discussions. The potential buyers include ...

Paramount Global has decided not to sell its majority stake in BET Media Group. The conglomerate reportedly considered selling the stakes as early as this past March. BET Media Group includes the BET ...