Paramount Global Exploring Sale Of Majority Stake In BET

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Paramount Global Exploring Sale Of Majority Stake In BET
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Paramount Global is in early exploratory talks to sell a majority stake in BET Media

The company has been pretty clear about its desire to explore opportunities to raise cash, including an attempt to sell publisher Simon & Shuster.

The division includes the BET linear networks, BET+ , BET Studios, launched several years ago with partners Kenya Barris and Rashida Jones, and VHI, which was moved under the BET umbrella last year.

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