Major Paramount Shake-Up Shuts Down Streaming Service

TV viewers will have one fewer subscription option this June, as Paramount+ is absorbing a sibling streamer.

Paramount Skydance Buys Out Tyler Perry’s Stake in BET+; Streaming Service to Be Phased Out and Content Merged With Paramount+

BET is shutting down BET+ and will merge its content with Paramount+. In addition, Paramount is acquiring Tyler Perry's minority ownership stake in BET+.