In April 2023, Tyler Perry shared his interest in bidding to purchase a majority stake in BET Media Group from Paramount. As BET is the home of his shows such as “Sistas” and “House of Payne,” there was potential alignment. In addition, the media mogul hoped for the network to become Black-owned once again. However, the aspiration came to an end shortly after. By August 2023, Paramount announced that it had ended its initial plan to sell its majority stake in BET Media Group stating that “a sale wouldn’t result in any meaningful deleveraging of its balance sheet,” as previously shared by AFROTECH™. With the change in plans, Perry, along with other reported bidders including Byron Allen, did not gain ownership of BET. As AFROTECH™ previously told you, Perry was reportedly among the offers that ranged from $2 billion to $3 billion, but the bidding process didn’t pan out as he had hoped. “I was disappointed about it for a number of reasons,” Perry shared at Bloomberg’s Equality Summit,...

Failure was never an option for filmmaker Tyler Perry. In conversation with Soledad O’Brien during a fireside chat hosted by QuickBooks and Mailchimp, Perry emphasized the importance of not frowning upon small beginnings. In his early days as a hungry creative in Atlanta, GA, he was homeless and living in his car, as AFROTECH mentioned previously. However, Perry never lost faith, and he credits hope as his constant driver toward success. “What I would say to anyone if it is your dream and it is your hope, it is that thing that you wake up with, and you go to bed with it, and you can’t shake it no matter what, that’s something that’s bigger than you… I was homeless,” Perry explained to O’Brien. He continued, “My mother said, ‘Leave them plays alone’…You ain’t never going make it.’ And this woman loved me with all of her heart, but she knew how difficult it was for me. But if it is your dream and that thing wakes you up and keeps reminding you, do not stop, don’t stop. I’m sitting...

Ninety-four-year-old Josephine Wright, who caught the attention of social media for her determined fight to protect her family property, has passed away.

Fighting for ownership of her land has landed 93-year-old Josephine Wright a new home from Tyler Perry.

Tyler Perry has greatly benefitted from the power of the Black dollar.

Tyler Perry is serious about purchasing a majority stake in BET.

Tyler Perry is helping nearby senior citizens with a timely donation.

Tyler Perry is one step closer to expanding his empire. According to Atlanta Business Chronicle, the media mogul purchased 37 additional acres to be added to his Tyler Perry Studios, which currently sits at 330 acres.