Paramount+ Absorbs BET+ After Acquiring Tyler Perry's Stake

The consolidation is part of Paramount's effort to gain scale and improve economics in the streaming space.

Mar. 16, 2026 at 4:51pm

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Paramount has acquired Tyler Perry's stake in BET+, and the BET+ streaming service will be absorbed into Paramount+. Current BET+ subscribers will be offered a discounted rate to join Paramount+ when the BET+ app is sunset. Paramount will continue to work with Tyler Perry as a 'valued and important partner' through his overall programming agreement.

Why it matters

The move is part of Paramount's strategy to consolidate its streaming properties and improve the economics of its streaming business. By bringing BET+ under the Paramount+ umbrella, the company can leverage its larger subscriber base and content library to drive growth and profitability in the competitive streaming landscape.

The details

As part of the consolidation, Paramount has acquired Tyler Perry's 25% equity stake in BET+. The financial details of the deal have not been disclosed, but Perry's stake was reportedly valued at tens of millions of dollars. Going forward, new seasons of Perry's shows like 'Ruthless', 'Divorced Sistas', 'All the Queen's Men', and 'Zatima', as well as 'Average Joe' and 'Diarra from Detroit', will air on Paramount+. The 'Divorced Sistas' series will also move to Paramount+.

  • The changes will go into effect beginning in June 2026.
  • Paramount acquired Tyler Perry Studios' equity stake in BET+ in 2026.

The players

Paramount

A major media and entertainment company that owns the Paramount+ streaming service.

Tyler Perry

A filmmaker, actor, and producer who had a 25% equity stake in the BET+ streaming service.

BET+

A streaming service focused on content for Black audiences, which will now be absorbed into Paramount+.

Paramount+

Paramount's flagship streaming service, which will now incorporate the content and subscribers of the former BET+ service.

Skydance

The company that acquired Paramount Global in August 2025, leading to the consolidation of Paramount+, BET+, and Pluto TV into a single app.

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What they’re saying

“As part of this evolution, Paramount acquired Tyler Perry Studios' equity stake in BET+. 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.”

— Paramount Spokesperson (Deadline)

What’s next

Current BET+ subscribers who subscribe through the app will be offered a discounted rate to join Paramount+ when the BET+ app is sunset.

The takeaway

The consolidation of BET+ into Paramount+ is part of Paramount's broader strategy to gain scale and improve the economics of its streaming business. By bringing together these complementary streaming services, Paramount can leverage its larger subscriber base and content library to drive growth and profitability in the competitive streaming landscape.