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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online

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From: Ron	8/15/2025 2:52:41 PM
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Paramount is no longer exploring a sale of BET Media, the company’s new chief executive David Ellison told reporters on Wednesday. During a length question-and-answer session with entertainment trade publications, Ellison said Paramount is interested in keeping most of its assets, including BET Media, and investing in those businesses “through the lens of long-term operation.” The comments mark a hard reversal from a strategy employed by Paramount executives before the company merged with Skydance Media this month. For several years, Paramount has held on-and-off discussions with a number of companies and media moguls who have expressed interest in acquiring some or all of BET Media, which includes the BET cable channel, VH1 and streaming service BET Plus. thedesk.net

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