BET+ To Be Folded Into Paramount+ As Par Buys Tyler Perry Stake: Exclu

EXCLUSIVE:And then there was one. Paramount, which three years in the past had three SVOD platforms out there within the US, will quickly have just one. Paramount+ will soak up BET+ At the start of June, when greater than 1,000 hours of BET+ content material – ​​originals, motion pictures, and specials – will migrate to the flagship streamer.

The information was simply shared internally by BET Networks President Louis Carr in a memo, a replica of which was offered to Deadline by a Paramount spokesperson.

“This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before,” Carr wrote. (You can learn his e-mail in full beneath.)

The consolidation – a part of the brand new Paramount management’s effort to realize scale and enhance economics within the streaming house – turned potential after Paramount purchased out Tyler Perry Studios’ possession in BET+, believed to be 25%. Financial particulars haven’t been revealed, however Perry’s stake had been valued at tens of thousands and thousands of {dollars}.

“As part of this evolution, Paramount acquired Tyler Perry Studios’ equity stake in BET+,” a Paramount spokesperson mentioned in an announcement. “We share the same ambition to expand the reach of BET content, and Tyler will continue to be a valued and important partner through his overall programming agreement.”

Perry’s most recent nine-figure overall deal with BET Media Group, which was introduced in 2024 and goes till 2028, has him delivering lots of of latest episodes to BET and BET+ (now Paramount+) throughout current and new collection.

Current BET+ customers who subscribed instantly via the app can be provided a reduction to affix Paramount+ when the app is sunsetted. (BET+ costs are $5.99/month for important, $10.99/month for premium; Paramount+ charges are $8.99 and $13.99, respectively.)

Transferring to Paramount+ can be all content material at present on BET+ – unique and bought – topic to rights restrictions and license expirations. That consists of the in depth Tyler Perry library of movie, TV, and stage works.

BET+ collection whose upcoming seasons will launch on Paramount+ this yr after the transition embody Perry’s Ruthless, Divorced Sistas, All the Queen’s Men and Zatima, in addition to Average Joe and Diarra from Detroit. Divorced Sistas final summer time logged probably the most watched collection premiere on BET+.

Original collection that originated on BET+ may even proceed to be renewed following the transfer to Paramount+, with some pending, together with flagship comedy The Ms. Pat Show whose fifth season simply wrapped its run on BET+.

On Paramount+, BET+ content material will reside within the current BET Hub, which at present homes scripted and unscripted originals and bought content material carried by the linear BET community in addition to library titles from different Paramount cable manufacturers that characteristic Black tales. (There has already been some overlap, with most BET Network collection additionally streaming on BET+.)

The hub will be accessed by way of the platform’s Collections in Navigation, by way of a tile within the Brand Selector Carousel and by way of the BET Collection Carousel on the house web page.

The relocation will broaden BET+ content material’s attain and visibility, shifting from a platform with quite a few subscribers estimated to be shut to three.5M to Paramount+’s 80M. (Though BET+ has a powerful id, with all subscribers coming particularly for its programming.)

The folding of BET+ into Paramount+ follows an analogous transfer Paramount Global made in 2023 with Showtime’s standalone streaming platform. The Showtime content material was built-in into the highest subscription tier, Paramount+ Showtime, which was recently rebranded as Paramount Premiumdropping the Showtime title.

Following Paramount Global’s August 2025 acquisition by Skydance, the mixed firm’s new CEO David Ellison introduced the consolidation of Paramount+, BET+ and AVOD platform Pluto TV onto one shared know-how platform. With that course of nonetheless ongoing, the corporate is now taking that one step additional with Paramount+ and BET+.

Two different large media corporations, Disney and Warner Bros. Discovery, even have finished some integration of their streamers, though they’ve stopped wanting one totally absorbing one other. Hulu has develop into a tile on Disney+, however it’s also nonetheless out there as a stand-alone service. After the 2022 WarnerMedia-Discovery merger, flagship streamer HBO Max added a substantial quantity of Discovery programming, however Discovery+ was additionally saved as a separate providing.

The variety of Paramount’s present streamers will not go up once more if/when the corporate closes its proposed $110M acquisition of WBD. Ellison recently said that Paramount+ and WBD’s HBO+ will develop into one streaming service post-merger. (Internationally, Paramount is a part of the SkyShowtime three way partnership, which operates a streamer in quite a few European markets. Its future is unclear.)

Ellison and his senior staff have cited the streamlining of streaming platforms for instance of their potential to take prices out of mature media companies, with the Paramount+/BET+ consolidation a potential preview of what’s to return for Paramount+ and HBO Max. Paramount says it is going to be in a position to notice $6 billion in value financial savings with efficiencies from the WBD merger. Some of it, inevitably, will come from layoffs.

The integration of BET+ into Paramount+ had been within the works for months, lengthy earlier than Paramount reached an settlement to amass WBD two weeks in the past. It was telegraphed in the course of the December restructuring of the BET Media Group following the departure of the division’s President and CEO Scott Mills. The realignment was unveiled by George Cheeks who, following the Skydance-Paramount merger, added BET Media Group to his portfolio as Chair of TV Media. He addressed BET Networks, now run by Carr, and BET Studios, led by Aisha Summers-Burke, which turned a label inside CBS Studios, however not BET+ or its future.

In his firm e-mail immediately, Carr echoed feedback the brand new Paramount management has made after the merger about their plan to carry onto BET as a result of energy of the model.

“BET is a cornerstone of Black culture and an essential part of Paramount’s portfolio and long-term content strategy,” he mentioned. “BET’s linear channel will proceed to have a powerful presence, and BET Studios stays totally energetic, producing the compelling, creator-driven content material that defines who we’re. BET Digital stays central to our multiplatform technique as properly, driving real-time dialog, viewers engagement and measurable progress throughout social and rising platforms.

Perry had been a minority proprietor in BET+ for the reason that platform’s 2019 launch as a three way partnership between BET and TPS. In 2023, he made a bid to amass a majority stake in all the BET Media Group from then-Paramount Global however the sale didn’t materialize.

Here is Carr’s e-mail:

Team BET,

As we proceed to drive BET’s progress, our tales need to reside in additional locations. Starting in June, we’re increasing our attain by making Paramount+ the brand new residence for BET+ content material. This highly effective subsequent step ensures the tales we champion, the creators we help and the tradition we characterize go additional than ever earlier than.

Paramount+ will carry international followers over 1,000 hours of iconic collection, movies, originals and cultural touchstones that replicate the total spectrum of the Black expertise, together with hits like THE MS. PAT SHOW, ALL THE QUEEN’S MEN, ZATIMA, AVERAGE JOE and DIARRA FROM DETROIT. Our celebrated Black storytelling will reside alongside Paramount’s premium collection, sports activities, specials and movies, the place it is going to be clearly branded, prominently featured and simple to search out within the BET Hub.

BET is a cornerstone of Black tradition and a vital a part of Paramount’s portfolio and long-term content material technique. BET’s linear channel will proceed to have a powerful presence, and BET Studios stays totally energetic, producing the compelling, creator-driven content material that defines who we’re. BET Digital stays central to our multiplatform technique as properly, driving real-time dialog, viewers engagement and measurable progress throughout social and rising platforms.

BET has already seen sturdy momentum by assembly audiences the place they’re. Through the expansion of our FAST channels, we have now expanded attain, elevated engagement and launched BET content material to new viewers.

What I would like you to remove immediately is that this: BET stays sturdy due to you, your creativity, your resilience and your unwavering perception within the energy of our tales. This second is about progress and about guaranteeing BET’s voice continues to form tradition at a good higher international scale.
Thank you for all the pieces you’ve got finished and proceed to do to maneuver this model ahead.

–Louis