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Tyler Perry Battles for $3 Billion BET Business With Shaq and Other Black Stars
- Cable’s declining fortunes pushed media giant to consider deal
- BET, once a crown jewel, seeks recharge for the streaming era
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Tyler Perry is one of Black Entertainment Television’s most prolific creators — and just one name in a constellation of stars circling the storied cable channel.
Rapper Curtis Jackson, better known as 50 Cent, and basketball legend Shaquille O’Neal are said to be part of a group that is weighing a bid for BET Media Group, in which current owner Paramount Global has been considering selling a majority stake. Music mogul Sean “Diddy” Combs has also been reported to be considering making an offer.