Key moments
In a major development for the streaming landscape, Tyler Perry’s BET+ is shutting down, with its programming to be integrated into Paramount+. This transition is set to take place starting June 1, 2026, marking a significant shift in how BET’s content will be delivered to audiences.
As part of this transition, Paramount Skydance has acquired Tyler Perry Studios’ 25% equity stake in BET+, a move that underscores the evolving dynamics of media ownership and content distribution. The terms of this buyout have not been disclosed, but it represents a notable change for Perry, who has been a key figure in the development of BET+ since its launch in September 2019.
Currently, BET+ offers a subscription model priced at $5.99 per month with ads and $9.99 without ads. The merger will see approximately 1,000 hours of programming from BET+ included in the Paramount+ library, which is expected to enhance the platform’s offerings significantly. This programming includes popular shows like ‘All the Queen’s Men’ and ‘The Ms. Pat Show’, which have garnered a loyal following.
Louis Carr, the president of BET Networks, expressed optimism about the merger, stating, “This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before.” He emphasized that the integration of BET’s celebrated Black storytelling into Paramount+ will allow it to be featured prominently alongside other premium content, making it more accessible to a wider audience.
Tyler Perry’s involvement with BET will continue through a content partnership, ensuring that his influence on the network remains strong. Carr noted, “BET remains strong because of you, your creativity, your resilience and your unwavering belief in the power of our stories.” This partnership is expected to foster continued growth and innovation in programming that resonates with the Black community.
The decision to fold BET+ into Paramount+ comes at a time when many streaming services are reevaluating their strategies in a competitive market. As more platforms emerge, the consolidation of content can help streamline offerings and attract subscribers looking for diverse and rich storytelling.
Overall, this merger signifies a new chapter for both Tyler Perry and BET Networks, as they navigate the complexities of the streaming industry. With the integration of BET+ content into Paramount+, audiences can expect to see a broader range of programming that reflects the cultural narratives that have long been a hallmark of BET.
Details remain unconfirmed regarding the exact nature of the programming that will be available on Paramount+, but the anticipation surrounding this transition is palpable among fans and industry insiders alike.