Diddy Throws His Name Into the Hat To Buy BET

Sean “Diddy” Combs, a judge in the reality music competition “The Four,” attend the Fox Networks Group 2018 programming presentation afterparty at Wollman Rink in Central Park on Monday, May 14, 2018, in New York. (Photo by Evan Agostini/Invision/AP)

Sean “Diddy” Combs is looking to add to his portfolio by adding his name to the list of moguls looking to buy the majority stake in BET.

Sean ‘Diddy’ Combs Vying to Buy Majority Stake in BET as Paramount Global Explores Sale (EXCLUSIVE) https://t.co/i3inman7n6

— Variety (@Variety) March 13, 2023

He joins the list that includes Byron Allen and Tyler Perry after reports that Paramount was looking to sell the BET Media Group.

Diddy is joining Tyler Perry and Byron Allen in their bid to buy BET, and he wants majority stakehttps://t.co/Dhieyvf6pR

— TheWrap (@TheWrap) March 13, 2023

According to sources, Diddy is doing his homework on buying the network to build a Black-owned media powerhouse.

Diddy is reportedly “exploring the opportunity to purchase BET as a part of his strategy to build a Black-owned global media powerhouse.” 👀https://t.co/CBxwZWgLpk

— REVOLT (@revolttv) March 13, 2023

Paramount Global hasn’t responded to the news.