"50 Cent, Shaq, and Kenya Barris unite for BET acquisition bid"

1 min read
Source: The Wall Street Journal
"50 Cent, Shaq, and Kenya Barris unite for BET acquisition bid"
Photo: The Wall Street Journal
TL;DR Summary

A consortium including retired basketball star Shaquille O'Neal, TV producer Kenya Barris, and rapper 50 Cent, along with Group Black, CVC Capital Partners, and Authentic Brands Group, is among the potential bidders for a majority stake in Paramount Global's BET Media Group. The consortium aims to invest in and grow Black-owned media firms.

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