Paramount Skydance has made the decision to shut down BET+ under its ownership and merge the content with the flagship streaming service Paramount+ starting in June. This move comes as part of a strategic shift in the company’s content distribution strategy.
As part of the consolidation, Paramount has also acquired Tyler Perry’s minority ownership stake in BET+. Perry, a media mogul and multihyphenate, had held a 25% stake in BET+ as a result of a production deal with Paramount in 2019. The terms of the transaction have not been disclosed.
BET+ currently offers over 1,000 hours of programming at a cost of $5.99/month with ads and $9.99/month without ads. The service was launched in September 2019, just before the merger of Viacom and CBS to form Paramount Global.
A representative from Paramount stated, “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.”
BET president Louis Carr announced in a staff memo that starting in June 2026, Paramount+ will become the new home for BET+ content. Carr emphasized that this move will allow BET’s storytelling to reach a wider audience and be featured alongside Paramount’s premium series, sports, specials, and films in the BET Hub.
Carr reassured staff that BET remains an essential part of Paramount’s long-term content strategy, with the linear TV channel, BET Studios, and BET Digital continuing to operate as before. He expressed confidence in the strength of BET’s brand and its ability to shape culture on a global scale.
In the memo, Carr highlighted some of the popular shows and content that will be available on Paramount+ from BET, including “THE MS. PAT SHOW,” “ALL THE QUEEN’S MEN,” “ZATIMA,” “AVERAGE JOE,” and “DIARRA FROM DETROIT.” He thanked the team for their creativity and resilience in moving the brand forward.
The integration of BET+ into Paramount+ signals a new chapter for BET’s content distribution strategy and reflects the company’s commitment to expanding the reach of its storytelling. The move aims to ensure that BET’s voice continues to resonate with audiences on a global scale.
