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EXCLUSIVE: Paramount Agrees To Sacrifice BET & Other Black Channels If It Violates $110B Merger Rules With Warner Bros.
Paramount has agreed to sell BET if it forces cable providers to buy its channels to get access to Warner Bros. networks. Black viewers’ channels are now bargaining chips in a $110 billion takeover, with ownership hanging on the company’s business practices.
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Original reporting by AllHipHop. This page is a summary. The full story, photos, and details live at the link above.
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