Paramount Global Drops Plan to Sell Majority Stake in BET

Paramount Global Drops Plan to Sell Majority Stake in BET

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Paramount Global has decided to no longer sell a majority stake in its BET Media Group. According to The Wall Street Journal, the company announced Wednesday that it would end the bidding process for the unit — which includes VH1 and BET Studios, streamer BET+ and the BET channel —because “a sale…

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