50 Cent, Shaq and Kenya Barris Team Up in Attempt to Buy BET
50 Cent, Shaq, Kenya Barris
Team Up in Attempt to Buy BET
5/5/2023 10:04 AM PT
Add 50 Cent, Shaq and Kenya Barris to the growing list of high-powered celebs interested in buying BET, we’ve learned the group is making a massive push to strike a deal.
Sources with direct knowledge tell us 50 and Kenya were spotted at the Paramount offices in NYC earlier this week to talk business, and the possibility of buying the network.
As for the cash … we’re told 50, Shaq and Kenya are fully loaded and ready to make an offer with some help from CVC — an investment company.
Of course, there’s still a lot to be worked out before anything is finalized, as one source told us, “It’s not a done deal, but they’re deep in it.”
The trio makes a lot of sense, 50 had a ton of success on Starz, and recently signed a multi-year deal with FOX that’s sure to net him a boatload of cash. Not to mention, he also just announced his global “The Final Lap” tour to celebrate 20 years of “Get Rich or Die Trying” … so he’s clearly still super connected in the music biz.
Then there’s Shaq and Kenya who have massive TV deals — and Kenya with an impressive resume of producing, directing and writing credits.
As we reported … Diddy is also among the names that have thrown their hat in the ring as an interested party. TV moguls Tyler Perry and Byron Allen are also reportedly in serious talks to buy the network.
It still remains a mystery as to the asking price … but BET sold for about $3 billion 22 years ago, so you gotta imagine that figure has only gone up.