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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. By then, the subsidiary overseeing BET-branded assets became known as the BET Media Group. [10]
Black Entertainment Television (BET) is an American basic cable channel targeting Black American audiences. It is currently owned by the BET Media Group, a subsidiary of Paramount Global's CBS Entertainment Group. Originally launched as a program block on January 25, 1980, BET would eventually become a full-fledged channel on July 1, 1983.
Sheila Crump Johnson (born January 25, 1949) is an American billionaire businesswoman, co-founder of BET, and CEO of Salamander Hotels and Resorts. [1]Johnson is a vice chairman and partner of Monumental Sports & Entertainment, a professional sports holding company which manages the Washington Capitals (NHL), the Washington Wizards (NBA), and the Washington Mystics (WNBA).
BET, or Black Entertainment Television, was founded by Robert Johnson in 1980, the first cable channel to cater to Black audiences. It was acquired by Viacom in 2001 in a deal worth $3 billion.
However, his dream acquisition has long been BET, which he says should be Black-owned. BET is currently owned by Paramount Global. It was created by another Black media mogul, the billionaire ...
Kevin Hart and his entertainment company Hartbeat are bringing back BET’s “Comic View” stand-up comedy franchise after a nine-year hiatus as part of a four-day weekend event in Las Vegas ...
It also co-owns all CBS-branded channels across Europe with AMC Networks International. Paramount Streaming focuses on the global over-the-top streaming services that encompasses Paramount+ , Pluto TV , SkyShowtime (50% with Comcast through Sky Group ), CBS News 24/7 , CBS Sports HQ , and an undisclosed stake in FuboTV , which it acquired in 2020.
[3] [7] Johnson is the former majority owner of the Charlotte Bobcats (now Charlotte Hornets). [8] He became the first black American billionaire in 2001. [ 1 ] [ 9 ] [ 10 ] Johnson's companies have counted among the most prominent black American businesses in the late twentieth and early twenty-first centuries.