BET+ to be absorbed into Paramount+ following buyout of Tyler Perry's ownership stake

The standalone streaming platform BET+ will soon be phased out, with its library moving to Paramount+ as part of a broader strategy to expand the reach of BET programming.

Mar. 19, 2026 at 2:50pm

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Paramount Skydance has purchased the minority ownership stake previously held by Tyler Perry Studios in the BET+ streaming service. As a result, more than 1,000 hours of BET+ shows and films will become available on Paramount+ starting in June, while the standalone BET+ platform will be phased out.

Why it matters

The move is designed to bring BET's storytelling to a wider audience by integrating the content into the larger Paramount+ platform. While BET+ will no longer operate independently, the BET brand and its broader operations, including the cable channel and production arm, will continue as part of Paramount's long-term programming plans.

The details

Paramount Skydance purchased the 25% ownership stake in BET+ that was previously held by Tyler Perry Studios through a production agreement signed in 2019. Financial details of the buyout were not disclosed, though the deal is believed to be worth several million dollars. Despite the change in ownership, Perry will continue producing projects for BET through an ongoing partnership.

  • BET+ launched in September 2019, shortly before the merger of Viacom and CBS that created Paramount Global.
  • Beginning in June 2026, more than 1,000 hours of shows and films that previously streamed on BET+ will become available on Paramount+.

The players

Paramount Skydance

The company that purchased the minority ownership stake in BET+ previously held by Tyler Perry Studios.

Tyler Perry Studios

The production company that previously owned a 25% stake in the BET+ streaming service through a 2019 agreement.

Louis Carr

The president of BET Networks, who explained that the shift is designed to bring the network's storytelling to a wider audience.

BET+

The standalone streaming platform that will be phased out, with its library moving to Paramount+.

Paramount+

The streaming platform that will absorb the BET+ content and offerings as part of a broader strategy to expand the reach of BET programming.

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What they’re saying

“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, President of BET Networks

What’s next

The transition of BET+ content to Paramount+ is scheduled to be completed by June 2026.

The takeaway

The absorption of BET+ into Paramount+ represents a strategic move by Paramount to expand the reach and visibility of BET's programming and storytelling on a larger, more established streaming platform. While the standalone BET+ service will be phased out, the BET brand and its broader operations will continue as part of Paramount's long-term content plans.