BET+ to close down following Paramount’s buy out of Tyler Perry’s stake

US streaming service BET+ will close down in June following Paramount Skydance’s buy out of the equity stake in the business owned by Tyler Perry Studios.

Tyler Perry

Following the acquisition, BET+’s content, including dramas All the Queen’s Men and Diarra From Detroit, will be folded into Paramount+ and housed in the existing BET Hub.

Through his programming agreement, Perry will continue to make shows for BET, which operates a cablenet and FAST channels, and which is a subsidiary of Paramount Skydance.

In a memo to staff, BET Networks president Louis Carr said: “As we continue to drive BET’s growth, our stories have to live in more places. 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.”

Carr added that the BET linear channel, BET Digital – which operates the brand’s social media channels – and BET Studios will remain active.

The news comes as Paramount Skydance plans to scale up Paramount+ and house all its streaming operations into that brand. Other brands to have been swallowed up by Paramount+ include Showtime.

Terms of the deal were not disclosed. Deadline first reported the news.