Stacy M. Brown
In a major development for the entertainment industry, BET has become Black-owned once again after 21 years, while VH1, for the first time, now also boasts an African American owner.
According to his longtime friend and television personality Rolanda Watts, Tyler Perry has cemented his place in history by acquiring the two major television networks, making him the first African American to do so.
The acquisition follows the news that Paramount Global has sought to sell a majority stake in BET.
Source: Published without changes from Washington Informer Newspaper