Congratulations to Tyler Perry! He’s the new owner of BET and VH1. Black excellence at its finest. Tyler Perry already owns his own production company in ATL. He bought land and developed his own Tyler Perry Entertainment Studio. And yesterday closed on the deal to buy BET!
This is the first time in 21 years that BET was under black ownership. This is the first time VH1 is under black ownership. We look forward to what Tyler will do with both networks.