Tyler Perry Says Bidding Process For BET Was “Disrespectful,” Won’t Consider Buying Again

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Back in March, it was revealed that Tyler Perry was among those in a bidding war to own BET. However, two months after Paramount pulled the plug on the sale, Perry is breaking his silence on why he won’t reconsider purchasing the network if it goes back on the market.

“I was disappointed about it for a number of reasons,” detailed the 54-year-old during a Bloomberg Equality Summit in Atlanta on Wednesday (Oct. 18), according to The Atlanta Journal-Constitution. “The way it happened was disrespectful in a lot of ways.”

The outlet noted that the Jazzman’s Blues visionary didn’t go into lengthy detail, but stated, “Don’t try to get me to pay for something that’s not worth anywhere near the value.” Paramount were reportedly asking for upwards of $3 billion for BET Media Group, which includes BET Networks, BET+, and VH1. Perry refused to raise the funds.

When flat-out asked if he would purchase BET if it were up for sale again, he said, “No.” Adding, “God bless [Paramount]. I’m still working with them. I wish them the best.”

If a deal had closed, Paramount would’ve maintained a minority stake in BET Media Group.

Many including 50 Cent thought that out of the bidders vying for BET, which included himself, Diddy, Byron Allen, Kenya Barris, and Shaq, Perry had the best chance to succeed. Fif even considered BET to be “Tyler Perry’s network,” explaining to Vulture, “He’s done enough work there to dominate that. And not even only dominate — I don’t think they’ve explored what it would be like not having a Tyler. And he’s created enough content that if they didn’t sell the company to him, he could go across the street and say, ‘I’m going to start my own.’”

In spite of this, Perry continues to thrive, as he just inked a first-look deal with Netflix and is gearing up to tell his story in the new film, Maxine’s Baby: The Tyler Perry Story. Watch the trailer below.

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