BET Networks

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Black Entertainment Television LLC
BET Networks
FormerlyBET Holdings Inc. (1983–2001)
Company typeSubsidiary
IndustryEntertainment
Founded1983; 41 years ago (1983)
FounderRobert L. Johnson
Headquarters,
U.S.
Key people
ProductsPay television, television production
Brands
Number of employees
11,949
ParentCBS Entertainment Group
Websitewww.bet.com

Black Entertainment Television LLC (also known as the BET Media Group, and doing business as BET Networks) is a subsidiary of American media conglomerate Paramount Global under its CBS Entertainment Group unit. BET Networks oversees television channels and premium services aimed at African Americans, including its namesake cable channel.

History[edit]

Background[edit]

In 1980, Robert L. Johnson, who left his position as a cable lobbyist; established his own cable network called Black Entertainment Television. It was originally a programming block on the Madison Square Garden Sports Network (later renamed to USA Network), until it became a separate channel in 1983.[1]

In 1991, the network became the first black–controlled TV company to be listed on the New York Stock Exchange.[2]

Starting in the late 1990s, the network expanded with the launch of digital cable networks: BET on Jazz (later known as BET Jazz. BET J, Centric, and BET Her), created originally to showcase jazz music–related programming, especially that of black jazz musicians; in 1998, it entered into a joint venture with Starz[3] (then–owned by John Malone's Liberty Media) to launch a multiplex service of the premium channel featuring African American–oriented movies called BET Movies: Starz! 3 (later renamed Black Starz after BET dropped out of the venture following its purchase by Viacom, then–owner of Starz rival Showtime, and now known as Starz InBlack).

Creation[edit]

In 2000, Viacom (later to be known as Paramount Global following the spin-off, and eventual reunion with several assets) announced plans to purchase BET Holdings Inc. for more than $2.3 billion.[4] The deal closed in 2001, with BET Holdings' networks becoming part of MTV Networks; but was eventually placed under BET Networks.

In 2005, Robert Johnson retired as CEO, and was replaced with Debra L. Lee. Around the same time, Viacom was looking into splitting into two entities following multiple issues surrounding the company.[citation needed] On December 31, 2005, a new incarnation of Viacom was created as the new parent of MTV Networks, BET Networks, Paramount Pictures, and Famous Music (later sold to Sony Music in 2007[citation needed]). The "new" Viacom would be spun-off from what became CBS Corporation, the legal successor to the original Viacom; which would retain CBS, Paramount Television, UPN, CBS Radio, and Paramount Parks (later sold to Cedar Fair in 2007).[citation needed]

By 2007, BET had launched two more music–oriented networks, BET Hip Hop and BET Gospel. The flagship network would also launch new original programming by this time, including reality shows Baldwin Hills and Hell Date, competition show Sunday Best, and town hall–style discussion show Hip Hop vs. America.[5] BET's president of entertainment Reginald Hudlin resigned from the network on September 11, 2008. He was then replaced by Stephen Hill, who is also executive vice president of music programming and talent.[6] BET announced in March 2010 that Ed Gordon would return to the network to host "a variety of news programs and specials".[7]

In 2015, oversight of VH1 Soul & MTV Jams was moved to BET Networks, with both networks relaunched under the BET brand.[citation needed]

In March 2017, president of programming Stephen Hill and executive vice president of original programming Zola Mashariki both stepped down. Connie Orlando, senior vice president of Specials, Music Programming, and News, was named the interim president of programming.[8]

Expansion into streaming[edit]

In July 2017, Viacom signed new film and television development deals with Tyler Perry following the expiration of his existing pact with Discovery, Inc. in 2019. As part of this deal, Perry would produce The Oval and Sistas for BET and co–own the network's newly launched streaming service, BET+.[9]

After Viacom re-merged with CBS to form what is now Paramount Global, BET was transferred from the Paramount Media Networks division to CBS Entertainment Group under the oversight of the latter's president, George Cheeks.[10] On November 9, 2022, it was announced that VH1 would move to BET Networks under Scott Mills.[11]

In March 2023, it was reported that Paramount Global was exploring the sale of a majority stake in BET in order to provide additional funding to its flagship streaming service Paramount+; Shaquille O'Neal, Tyler Perry, as well as Sean "Puffy" Combs (who owns Revolt TV) and Byron Allen (who owns Allen Media Group; including TheGrio, This TV, and The Weather Channel), were identified as potential suitors.[12] Paramount Global initially dropped its plans to sell BET in August 2023, before renewing interest in December of that year.[13][14]

Assets and Other services[edit]

Television channels[edit]

Year in parentheses denotes when channel was created.

Notes[edit]

  1. ^ Channel was originally BET on Jazz, BET Jazz, BET J, & Centric.
  2. ^ a b Channel originally had the MTV branding, and was part of the MTV group of Viacom Media Networks.

BET Walk of Fame Awards[edit]

The BET Walk of Fame Awards were established in 1995 by BET. In 2004, proceeds were shared between United Negro College Fund (UNCF) and the BET Foundation, which executes the Healthy BET obesity awareness campaign and other pro-social causes like the annual charitable black-tie BET Walk of Fame ceremony.[15]

BET Interactive[edit]

In 2006, BET Interactive, LLC became a subsidiary of BET.[16] BET also has a digital group including BET.com, BET on Blast, BET on Demand and BET Mobile.[17]

BET Films[edit]

Released films[edit]

Title Release date Co-production Distributor Notes
Nobody's Fool November 2, 2018 Paramount Pictures First film from Paramount Players
What Men Want February 8, 2019
Body Cam May 19, 2020
  • Paramount Players
  • Ace Entertainment
Karen September 3, 2021
  • Flixville USA
Quiver Distribution
King of the South TBA
Genius Minds Pictures

BET Home Entertainment[edit]

BET's programming is distributed on DVD and through video-on-demand services under the name BET Home Entertainment. In 2007, a distribution deal was arranged with Paramount Home Entertainment, a sister company of BET since 2001.[18][19]

References[edit]

  1. ^ "Corporate Fact Sheet". BET Networks. Archived from the original on September 12, 2008. Retrieved 2008-09-12.
  2. ^ Johnson, Robert; Dumaine, Brian (2002-10-01). "The Market Nobody Wanted". Fortune Small Business. Retrieved 2008-09-08.
  3. ^ "888Starz | Customer Service | Support". 2022-06-06. Retrieved 2022-07-04.
  4. ^ "Viacom buys BET for $2.3B in stock – Nov. 3, 2000". money.cnn.com. Retrieved 2021-03-19.
  5. ^ Deggans, Eric (July 24, 2007). "BET diversifies with confidence". St. Petersburg Times. Retrieved December 30, 2010.
  6. ^ Wiltz, Teresa; Farhi, Paul (2008-09-12). "BET President Resigns". The Washington Post. p. C7. Retrieved 2008-09-12.
  7. ^ Bland, Bridget (March 8, 2010). "Ed Gordon: Returning to BET News". Black Voices. AOL. Archived from the original on December 17, 2010. Retrieved July 2, 2010.
  8. ^ Hipes, Patrick (2017-03-29). "BET Programming Shakeup: President Stephen Hill & EVP Zola Mashariki Exit". Deadline. Retrieved 2017-07-27.
  9. ^ Andreeva, Nellie (2017-07-14). "Tyler Perry Inks Mega Film & Television Deal With Viacom". Deadline. Retrieved 2018-11-20.
  10. ^ Andreeva, Nellie (2022-11-09). "VH1 Shifts From Paramount Media Networks To BET Media Group Under Scott Mills". Deadline. Retrieved 2023-02-25.
  11. ^ Andreeva, Nellie (2022-11-09). "VH1 Shifts From Paramount Media Networks To BET Media Group Under Scott Mills". Deadline. Retrieved 2022-11-10.
  12. ^ Weprin, Alex (2023-03-06). "Tyler Perry, Byron Allen Eye BET Majority Stake as Paramount Explores Sale". The Hollywood Reporter. Retrieved 2023-03-07.
  13. ^ Weprin, Alex (2023-12-20). "Paramount revives interest in BET Media sale, Byron Allen renews bid – report". StreamTV Insider. Retrieved 2024-03-06.
  14. ^ "Byron Allen Resubmits $3.5 Billion Bid For Paramount Global's BET, VH1". Deadline. 2023-12-20. Retrieved 2024-04-01.
  15. ^ BET Walk of Fame salutes Smokey Robinson Archived November 13, 2012, at the Wayback Machine.thefreelibrary.com
  16. ^ "Companies: BET Interactive". LinkedIn. Retrieved 2011-07-26.
  17. ^ "Companies: BET Networks Media Room". BET. Archived from the original on 2011-09-09. Retrieved 2011-07-26.
  18. ^ "BET Networks Launches Home Entertainment Division Through Partnership With Paramount Home Entertainment" (Press release). 2007-05-24. Retrieved 2013-12-29. [...] today announced the launch of BET Home Entertainment through a partnership with Paramount Home Entertainment, who will distribute BET original television programming, made-for-DVD titles and acquired content on a worldwide basis.
  19. ^ "Cable Guide 2010", adage.com, archived from the original on December 30, 2013, retrieved December 29, 2013, BET Home Entertainment, a collection of BET-branded offerings for the home environment, including DVDs and video on demand

External links[edit]