In 2000 Johnson and his partners sold BET to Viacom Inc. for $3 billion.
Who is BET owned by?
How much did Robert L Johnson sell BET for?
After taking BET private again in 1998, Johnson and his partners sold BET Holdings to the giant media group Viacom in 2001 for some $3 billion, though he remained at BET as its chief executive officer until 2005. The sale made him the first African American billionaire.
Is BET a part of Viacom?
BET Networks, a subsidiary of Viacom Inc. (NYSE: VIA, VIA. B), is the nation’s leading provider of quality entertainment, music, news and public affairs television programming for the African-American audience.
Who is first black billionaire?
He became the first black American billionaire in 2001. Johnson’s companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries.
|Robert L. Johnson|
|Johnson in 2018|
|Born||Robert Louis Johnson April 8, 1946 Hickory, Mississippi, U.S.|
Does Tyler Perry on BET?
During the 2019 BET Awards, Tyler Perry announced that he would be partnering with BET to offer BET Plus. BET Plus is a joint venture between BET Networks and Tyler Perry Studios. Tyler Perry is a world-renowned producer, director, actor, screenwriter, playwright, author, songwriter, entrepreneur, and philanthropist.
Was Jay Z the first black billionaire?
Jay-Z broke the glass ceiling for Hip Hop as the culture’s first billionaire, but his fortune continues to grow on account of his many business endeavors.