Paramount Ends Plans To Sell Its Majority Stake In BET Media Group To Bidders, Including Tyler Perry And Byron Allen

“Part of it is — and I’ve read about Byron Allen and [Diddy] and everybody wanting to bid and so on and so forth, and I think it’s really great,” he previously told Entertainment Tonight. “This is what I love about it. When [BET co-founder] Bob Johnson sold it in 2000, I think it was, there wasn’t one Black person who could buy it. So now, to see all of these Black people, men and women, who are able to be in a position to buy it? Man, that makes me feel really, really excited.”