In a major shakeup in the streaming industry, BET’s streaming service BET+ is officially being shut down, with its content set to move to Paramount+, according to multiple reports.
The decision comes as parent company Paramount Skydance restructures its streaming strategy, consolidating its digital platforms under a single flagship service. The shutdown will take place in June 2026, when BET+ programming—including original series, films, and exclusive specials—will be migrated to a dedicated BET hub on Paramount+.
Tyler Perry Stake Bought Out
As part of the transition, Paramount has bought out the ownership stake held by filmmaker and media mogul Tyler Perry, whose studio had been a minority partner in the streaming service since its launch.
BET+ originally launched in September 2019 as a joint venture between BET and Tyler Perry Studios, offering subscribers a library of Black-focused content, including movies, original series, and stage plays.
While financial details of the buyout were not disclosed, industry reports say Perry previously held about a 25% stake in the platform through his production deal with BET.
Content Will Continue on Paramount+
Despite the shutdown of BET+ as a standalone service, Paramount executives say fans will not lose access to its programming. Instead, more than 1,000 hours of content from the platform will be integrated into Paramount+, alongside existing BET titles.
The move reflects a broader trend among media companies to streamline streaming operations as competition intensifies and platforms look to cut costs while boosting subscriber growth.
End of an Era for the Platform
BET+ was designed to spotlight Black creators, culture, and storytelling, becoming home to original content and films from creators such as Tyler Perry and other prominent voices in entertainment.
With the upcoming transition, Paramount hopes that folding the service into Paramount+ will expand the audience for BET programming while simplifying the company’s streaming offerings.
The change marks the end of a seven-year run for BET+, which debuted as one of the few major streaming platforms specifically centered on Black entertainment.
