Black Excellence within the Black Experience of TV and Film
50 Cent, Shaquille O’Neal, and Kenya Barris have teamed up with Group Black in the bid to buy BET. Also apart of this is group of investors is the private-equity firm CVC Capital Partners and Authentic Brands Group, which develops and licenses its brands to retail operators, the people said. As we previously mentioned: A […]
And another one… Variety has confirmed that Sean “Diddy” Combs, the multi-industry entrepreneur, is exploring the opportunity to purchase BET Media Group as part of his strategy to build a Black-owned global media powerhouse. Combs joins media moguls Tyler Perry, Byron Allen, and Group Black, who have also expressed interest in acquiring a majority stake […]
A third Black-owned company, Miami-based media company Group Black, has expressed interest in purchasing a majority stake in Black Entertainment Television (BET) from Paramount Global. They are the latest company to join Tyler Perry and Byron Allen, who have also previously shown interest in acquiring the media company and its sister network, VH1. READ: Update: […]