EXCLUSIVE: And then there was one. Paramount, which three years ago had three SVOD platforms available in the U.S., will soon have only one. Paramount+ will absorb BET+ at the beginning of June when more than 1,000 hours of BET+ content — originals, movies, and specials — will migrate to the flagship streamer.
The news was just shared internally by BET Networks President Louis Carr in a memo, a copy of which was provided to Deadline by a Paramount spokesperson.
“This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before,” Carr wrote. (You can read his email in full below.)
The consolidation — part of the new Paramount leadership’s effort to gain scale and improve economics in the streaming space — became possible after Paramount bought out Tyler Perry Studios’ ownership in
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