BET+ Bites the Dust as Paramount Continues to Dominate the Streaming Game: Phaseout Explained

Published 03/29/2026, 2:55 PM EDT

The streaming landscape is undergoing a massive seismic shift as one media giant consolidates its power to create a singular, unstoppable entertainment hub. Viewers are about to see how the disappearance of a major niche platform signals a new era of dominance for Paramount as it officially starts its reign in the digital space with a bold strategy.

After announcing plans to merge HBO Max and Paramount+, the studio has revealed brand-new structural changes.

Paramount+ will further merge with BET+

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According to Variety, the six-year-old platform, BET+, previously operated by Tyler Perry Studios, is moving its entire library to the Paramount+ flagship service. This consolidation follows the Skydance acquisition and involves Paramount taking over the 25% minority ownership stake formerly held by Tyler Perry Studios, which had been a partner in the joint venture since 2019.

Perry will continue his partnership through an expansive programming agreement that lasts until 2028. The service offered tiered pricing between $5.99 and $9.99 per month, though it is currently unclear how this will impact future subscription costs. This strategic phase-out is moving rapidly, with a planned completion date set for June 2026 to create a more efficient user experience.

Paramount leaders expressed their shared ambition to expand the reach of this specific programming to a much larger global audience.

“We share the same ambition to expand the reach of BET content, and Tyler will continue to be a valued and important partner through his overall programming agreement”, Paramount stated. By folding the smaller service into the larger one, the company aims to strengthen its position against other major competitors in the industry.

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New leadership is now guiding this transition to ensure the cultural impact of the content remains a top priority.

The new streaming home will feature over 1,000 hours of iconic series and films

According to the same Variety report, BET president Louis Carr revealed in a staff memo that the move ensures the stories and creators they support go further than ever before. The flagship platform will host cultural touchstones such as The Ms. Pat Show and All The Queen’s Men within the dedicated hub.

 "This powerful next step ensures the stories we champion, the creators we support and the culture we represent go further than ever before", Carr said in the memo.

Carr highlighted that celebrated storytelling will be clearly branded and easy to find for existing subscribers of the service. Despite the digital merger, the BET linear cable channel will maintain its strong presence, and the production studios remain fully active. The goal is to drive real-time conversation and measurable growth across all emerging social platforms.

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By centralizing these assets, the company can offer a more robust library that includes hits like Zatima and Average Joe. The consolidation reflects a broader trend of merging older services like HBO Max into the Paramount ecosystem to simplify the marketplace.

Paramount CEO Wants Paramount and Warner Bros. to Stay Apart and Save Hollywood Jobs

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What do you think about this merger of Paramount+ and BET+? Let us know in the comments.

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Soma Mitra

1118 articles

Soma is a journalist at Netflix Junkie. With a postgraduate degree in Mass Communication, she brings production experience from documentary films like Chandua: Stories on Fabric. Covering the true crime and docu-drama beat, she turns psychological thrillers into sharp, audience-aware storytelling.

Edited By: Hriddhi Maitra

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