**BET+ to be Folded into Paramount+, Tyler Perry's Stake Sold** In a major shake-up in the Nigerian entertainment industry's international counterpart, streaming service BET+ is set to cease operations. The platform, known for showcasing African American stories and culture, will be absorbed into Paramount+, a leading global streaming service. The move was facilitated by Paramount Skydance acquiring Tyler Perry Studios' stake in BET+. This development will see a vast library of BET+ content, including hits like "The Ms. Pat Show," "All the Queen's Men," and "Diarra From Detroit," being integrated into Paramount+. The exact financial details of the acquisition are not yet known, but industry insiders speculate it's likely to run into eight figures. Despite this change, Tyler Perry Studios will continue to produce content for BET through a partnership, ensuring Nigerian audiences will still get to enjoy his productions on the BET network. The company also operates two FAST (Free Ad-Supported Streaming Television) channels dedicated to Perry's series, which will remain unaffected. This development is part of Paramount+'s broader strategy to expand its reach and offerings. The company's CEO, David Ellison, has expressed a desire to bring its streaming operations under one umbrella, similar to what is happening with the potential merger of Paramount+ and HBO Max. For BET Networks, the move is seen as a way to take its content to a global audience, with over 1,000 hours of programming set to be available on Paramount+. This is expected to enhance the network's reach and provide more opportunities for creators and storytellers to share their work with a wider audience. The change will take effect in June, and Nigerian viewers can expect to see a significant increase in the availability of BET+ content on Paramount+. This development is a testament to the growing importance of streaming services in the global entertainment landscape and the increasing demand for diverse content that reflects African culture and perspectives.