BET+ Streaming Service to Shut Down as Paramount Buys Out Tyler Perry's Stake

Paramount will absorb BET+ content into Paramount+ starting in June 2026.

Mar. 13, 2026 at 9:58pm

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BET+ is officially ending as Paramount absorbs the streaming platform, buys out Tyler Perry's ownership stake, and moves its original content library to Paramount+ beginning in June 2026. Paramount has purchased Tyler Perry Studios' minority stake in BET+, which the filmmaker secured through a 2019 production deal.

Why it matters

The move consolidates Paramount's control over Black-focused content and programming, allowing the company to better leverage the BET brand and library on its flagship Paramount+ streaming service. It also signals a shift in the streaming landscape as larger media conglomerates look to streamline their direct-to-consumer offerings.

The details

BET+ launched in September 2019, just before Viacom merged with CBS to form Paramount Global. The platform quickly became a hub for original series, movies, and classic programming centered on Black storytelling. Subscribers currently pay $5.99 per month with ads or $9.99 without ads for access to more than 1,000 hours of content. However, Paramount now plans to consolidate that library under its flagship streamer Paramount+.

  • BET+ launched in September 2019.
  • Paramount will absorb BET+ content into Paramount+ starting in June 2026.

The players

Paramount

A major media conglomerate that owns the Paramount, CBS, and Showtime brands, among others.

Tyler Perry

A filmmaker who held a 25% ownership stake in BET+ through a 2019 production deal.

BET

A cable television network focused on programming for African American audiences, owned by Paramount.

Paramount+

Paramount's flagship streaming service that will absorb the content library of the shutting down BET+ platform.

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What they’re saying

“Beginning in June, we are expanding our reach by making Paramount+ the new home for BET+ content. This powerful next step ensures the stories we champion, the creators we support, and the culture we represent go further than ever before.”

— Louis Carr, BET president (balleralert.com)

What’s next

Paramount will absorb the BET+ content library into Paramount+ starting in June 2026, consolidating the company's control over Black-focused programming on its flagship streaming service.

The takeaway

This move by Paramount reflects the ongoing consolidation in the streaming industry, as larger media conglomerates look to streamline their direct-to-consumer offerings and leverage their existing brands and content libraries. The absorption of BET+ into Paramount+ will allow the company to better promote and distribute its Black-focused programming to a wider audience.