Paramount Global in Talks for Sale of Black Entertainment Television

Tuesday, 2 July 2024, 19:12
Paramount Global is reportedly exploring the potential sale of Black Entertainment Television (BET) for an estimated $1.7 billion. Discussions are ongoing with a management-led group involving prominent figures Chinh Chu and Scott Mills. The proposed deal signals a strategic shift in Paramount's assets and could have significant implications on the media industry.
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Paramount Global in Talks for Sale of Black Entertainment Television

Paramount Global Considers Sale of BET

Paramount Global, a prominent media company, is exploring the sale of Black Entertainment Television (BET) for a substantial amount.

Management-Led Group Involved

  • Chinh Chu and Scott Mills are key figures in the potential acquisition.

The deal holds potential to reshape Paramount's assets and make waves in the media sector globally.

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