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Deadline has confirmed that Byron Allen is going after BET Media Group again in a $3.5 billion bid to Paramount Global. The news comes amid talks between Warner Bros Discovery and Paramount Global to merger — something due to legalities which can’t occur until the spring, experts say.
Allen and Tyler Perry among others were competing to buy BET earlier this year, however, Paramount Global took BET off the sales block.
Bloomberg first had the news about Allen’s renewed bid for BET.
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