Diddy

Diddy Shares Interest in Buying Majority Stake of BET as Paramount Explores Sale

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Sean 'Diddy' Combs Rebrands Combs Enterprises to Combs Global as Business Portfolio Expands

Diddy is throwing his hat in the ring for ownership of BET. According to Variety, Diddy is the latest mogul, joining Tyler Perry and Byron Allen, wanting to buy a majority stake of BET Media Group, which Paramount Global is looking to sell.

BET Media Group includes BET, BET+, VH1, and BET’s production team, BET Studios.

A source detailed that Diddy is “exploring the opportunity to purchase BET as a part of his strategy to build a Black-owned global media powerhouse.”

Diddy is not yet in conversation with the network for purchasing, as negotiation talks have not opened with anyone.

Combs currently owns Revolt, which he created in 2013 and now reaches over 80 million households, with his digital arm having a larger reach.

Diddy reportedly desires to see BET once again being a Black-owned brand, which is “better for the business, for the culture and for building wealth in the Black community.”

The Wall Street Journal notes the possible sale is to enhance the Paramount + streaming service. “The decision to consider selling a majority stake of the assets, which cater primarily to Black audiences, is part of the entertainment giant’s effort to shore up resources to bolster its flagship Paramount+ streaming service and its advertiser-supported free streaming platform Pluto TV, some of the people said.”

Variety says that Perry is seeking to buy the network. The majority of the content that is available on BET and the BET+ streaming service is produced by Tyler Perry, who presently holds a minority ownership in the BET Network. The relationship between Perry and BET dates back to his debut feature, Diary Of A Mad Black Woman, which was co-financed by the network in 2005. In 2017, Perry and Paramount signed a long-term agreement that included a TV deal that started in 2020.

According to the same source, businessman, and television producer Byron Allen was reportedly considering purchasing BET from Paramount. Allen is “interested in owning BET, and he will be pursuing the acquisition of the network,” according to a spokesperson for him.

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Diddy Reportedly May Join The List Of Buyers Interested In Purchasing A Majority Stake In BET

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Diddy BET Awards 2022
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The potential buyers’ pool of those interested in holding a major stake in BET has grown by one. Although the cable network has begun to roll out new original programming, including Mary J. Blige’s talk show The Wine Down, the rumors that its majority stake shares are up for grabs continue to flood social media.

First, Variety reported that media moguls Tyler Perry, who already owns a minority stake in the company, along with Byron Allen, were entering the talks as the Paramount Global Explores (who currently holds the majority sake) was open to selling. Now, Diddy (real name Sean Combs) is entering the chat. According to Hollywood Reporter, the serial entrepreneur has expressed interest in the bid, which will expand his media empire.

Diddy has owned the media outlet Revolt TV for nearly a decade now. Although he was at one point the face of reality television programming at MTV, the entertainer has been an avid supporter of the network. In fact, last year, at the network’s annual award ceremony, Diddy was given a lifetime achievement award.

Regardless of who wins the bid, THR spoke with a source familiar with Paramount’s spokespeople, and they are expected to maintain a business relationship with any potential buyer.

Diddy Eyes Majority Stake In BET: Report

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Diddy joined the billionaire club last year as Ye lost a significant portion of his net worth. However, it looks like Diddy’s aiming to expand his empire further. According to Variety, Diddy expressed interest in buying a majority stake in BET as Paramount Global began to look at selling the network. Though sources close to the situation claim Paramount Global has yet to have meetings with anyone surrounding the sale of BET, there are already a few prominent figures who are looking to take over the iconic network.

Diddy joins the likes of Tyler Perry and Byron Allen who are vying to purchase BET Media Group, which includes BET, BET+, VH1, and BET Studios. A source close to Diddy revealed that he wants to take over BET. They said he’s “exploring the opportunity to purchase BET as a part of his strategy to build a Black-owned global media powerhouse.” Given that he already runs Revolt TV, it seems like the acquisition of BET could allow Diddy to develop even bigger projects beyond the numerous successful shows on his network already.

Diddy’s TV Empire

LOS ANGELES, CALIFORNIA - JUNE 26: Honoree Sean ‘Diddy’ Combs performs onstage during the 2022 BET Awards at Microsoft Theater on June 26, 2022 in Los Angeles, California. (Photo by Leon Bennett/Getty Images for BET)
LOS ANGELES, CALIFORNIA – JUNE 26: Honoree Sean ‘Diddy’ Combs performs onstage during the 2022 BET Awards at Microsoft Theater on June 26, 2022 in Los Angeles, California. (Photo by Leon Bennett/Getty Images for BET)

As Diddy continues to uplift and support Black-owned businesses, the acquisition of BET could mark a huge move for the mogul and the culture at large. Sources close to Diddy said that acquiring BET would mark its return as a Black-owned business – an integral aspect that he believes is “​​better for the business, for the culture, and for building wealth in the Black community.” It’s no doubt that if Diddy becomes the owner, the hip-hop community will rally together to transform BET into one of the biggest channels.

Wall Street Journal first reported on Paramount’s potential sale of BET last week. “The decision to consider selling a majority stake of the assets, which cater primarily to Black audiences, is part of the entertainment giant’s effort to shore up resources to bolster its flagship Paramount+ streaming service and its advertiser-supported free streaming platform Pluto TV, some of the people said,” the report reads. We’ll keep you posted on any more updates surrounding the potential acquisition of BET. Sound off in the comments with your thoughts. 

[Via]

Danny Brown & JPEGMAFIA Debut “Lean Beef Patty” From Joint Project

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Danny Brown and JPEGMAFIA have had fans excited for new music over the past few years. While JPEGMAFIA dropped off LP! In 2021, it’s been nearly four years since Danny Brown’s last studio album, Uknowhatimsayin? Since then, he’s hinted at a new project, though there hasn’t been much of an update surrounding Quaranta since late December 2022. Still, he hasn’t confirmed a release date just yet but that doesn’t mean we’ll be going empty-handed this year

The XXX rapper and Veteran artist began teasing a joint project as early as last year. However, Danny Brown and JPEGMAFIA finally confirmed a title for their upcoming project: Scaring The Hoes Vol. 1. At this point, there’s a rumored release date slated for next week but neither Danny nor JPEGMAFIA has confirmed it. However, the two slid through this morning with their first offering from the project, “Lean Beef Patties.”

Danny Brown & JPEGMAFIA – Lean Beef Patty

Danny Brown and JPEGMAFIA dropped off the first single from their joint project this morning, “Lean Beef Patties.” The glitchy, electronic-style production undoubtedly leans closer to JPEG’s style but it’s also a sonic territory that Danny isn’t unfamiliar with. The record boasts a sped-up sample of Ginuwine and Mario Winans hook on Diddy’s “I Need A Girl Pt. 2” that they transform into a lo-fi, dance-adjacent banger.

“Lean Beef Patties” is by no means their first collaboration together. JPEGMAFIA played a role on Danny Brown’s last studio album. He produced the Run The Jewels-assisted “3 Tearz” and also contributed a verse on “Negro Spiritual.” Around the time, Danny said JPEGMAFIA was one artist who came after him that he said inspired him. “For a long time, it felt like I was sitting in a class by myself. Then Peggy came along and I felt like we were fighting the same battle when it comes to this hip-hop shit. It’s good to have someone on the front line with you,” he told HNHH. Check out their new collab above.

Quotable Lyrics
​​First off, fuck Elon Musk
Eight dollars too much, this past expensive
For the hoes in the back and the cracks in the slack
If I tweet then delete then I meant it

Hip-Hop Will Never Forget: Remembering The Notorious B.I.G. On The 26th Anniversary Of His Death

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Long Live Biggie

The Notorious B.I.G.,  a.k.a  Biggie, passed away 26 years ago, and since, the rap community has mourned. On the 26th anniversary of his death,  the tributes continue to pour in from every corner of hip-hop. The Greatest Rapper Of All Time The Notorious B. I.G. known as “Biggie” or “Big Papa” to others, was shot and […]

The post Hip-Hop Will Never Forget: Remembering The Notorious B.I.G. On The 26th Anniversary Of His Death appeared first on SOHH.com.

Diddy Reiterates The Notorious B.I.G.’s GOAT Status On The Anniversary Of His Death: ‘There Will NEVER Be Another’

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puff and big
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Today is the 26th anniversary of The Notorious B.I.G.‘s death, and social media is awash in posts praising the Brooklyn rapper’s impact and legacy. Of course, that includes B.I.G.’s friend and business partner, Sean “Diddy” Combs, who shared a throwback video of B.I.G. giving some motivational advice in an old interview alongside the caption,”There will NEVER be another. The GREATEST RAPPER OF ALL TIME. Today we celebrate and honor you king. Love and miss you!!”

In the video, Biggie explains the importance of remaining true to yourself. “Don’t be the fool to just sit back and do it because somebody else is doing it,” he says. “Because those of you who do just gon’ follow in somebody else’s footsteps, and you just gon’ be a shadow. Who wanna be a shadow for the rest of their life. If you got a lil’ something’ that you know how to do, progress that and keep trying. I mean, God knows what could happen. That’s what I did. Just kept on walking, just happened to get to the right ends.”

Even though so much time has passed since The Notorious B.I.G. was gunned down in Los Angeles, his peers and contemporaries never seem to get tired of talking about him and his game-changing effect on hip-hop. Recently, Usher called Big “the most profound talent I think I’ve ever seen in an MC.” Meanwhile, Biggie’s hometown, New York, honored what would have been his 50th birthday last year by lighting up the Empire State Building with a crown on its mast along with citywide celebrations like murals and limited-edition MetroCards.

[WATCH] Yung Miami Says She’s Single, ‘What Man You Saw Me With?’

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Screen Shot 2023 03 09 at 12.10.49 PM

Yung Miami is letting the world no she is no longer with her Papi Diddy.
The Miami rapper is insisting she’s single and denying she was ever coupled up at all.

The City Girls rapper sat down to chat with Billboard following their performance at Rolling Loud California on Saturday. When asked if they’d been on a double date with JT and her man rapper Lil Uzi Vert Miami made her relationship status quite clear.

“I’m single, baby,” Miami said. “What man you saw me with? I’m single. S-I-N-G-L-E, baby!”

She made this announcement the same weekend she shared she never wants to get married while responding to an inquiry from a fan on Instagram Live.

The next day, she doubled down on her statement by tweeting that she wouldn’t be sharing her next boyfriend.

They were first seen holding hands at Quality Control CEO Pierre “Pee” Thomas’ birthday party, but it wasn’t until last June that they made their romance official.

A few months later, Miami confirmed it was an open relationship. “We are dating. We single, but we’re dating,” she said. “People don’t know what dating means. He’s single, I’m single, but we’re dating. That’s what I mean when I say we go together. When we’re together, we’re together. We’re having the time of our lives, but we’re still single.”

She added: “He see other people outside of me and I see people outside of him. I’m young. I’m dating. I’m, you know, having fun. I’m doing me. He’s doing the same thing. I can’t speak for exactly what he doing or who he seeing, but we single and we dating.”
We guess something must have changed.

Check out the clip below.

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Yung Miami Declares She’s “S-I-N-G-L-E,” Amid Diddy Romance

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It wasn’t long ago that Yung Miami told Sean “Diddy” Combs that he’s single but they “go together.” The Caresha Please moment arrived in the thick of the pair confirming their canoodling. Yet, they stopped short of admitting to any sort of commitment. Still, Yung Miami and Diddy’s escapades have been well-documented—mostly thanks to them. They regularly shared their jet-setting adventures and even collaborated on the remix to his song, “Gotta Move On.” He reportedly bought her a Maybach truck, and they were photographed enjoying vacations. However, Miami is making it clear that she’s single and doesn’t have a man.

What is unclear is the status of the City Girls star’s relationship with the Bad Boy hitmaker. Yet, we did get more insight into Miami’s singleness when she and JT sat down for an interview over the weekend during Rolling Loud California. The ladies took to the stage for a show-stopping performance and chatted with Billboard backstage.

Yung Miami Makes It C-L-E-A-R

MIAMI, FLORIDA – NOVEMBER 24: Yung Miami (R) joined Sean “Diddy” Combs and his family, his daughters Chance, D’Lila and Jessie, as they celebrated Thanksgiving Day at The Caring Place in Miami on November 24, 2022 in Miami, Florida. (Photo by Alexander Tamargo/Getty Images for Sean “Diddy” Combs)

JT and Yung Miami were asked if they double date, and JT and Lil Uzi Vert have been happily in love for some time. Miami was quick to reply, “I’m single, baby. What man you saw me with?” This came as a shock to the interviewer, who joked that they may have seen a photo or two on the internet of her and a certain someone. “Yeaaah, yeah. I’m single S-I-N-G-L-E. Baby.”

This soundbite arrives amid Yung Miami’s recent tweets. She promised she wouldn’t be sharing “her next n*gga,” which was interpreted a few ways by her followers. Some claim she meant she wouldn’t be revealing him to the world. Others believe she was saying she didn’t want to share him with other women. Both would be valid in Miami’s case, but the latter explanation could speak to Diddy recently welcoming a daughter with Dana Tran.

Diddy’s Daddy Duties

Months ago, Diddy surprised the world when he revealed he was a father yet again. Since then, he’s been sharing photos or videos of Baby Love Combs, and often, Tran can also be seen. There isn’t much information about the latest mother, but it’s reported that she is from Southern California. Meanwhile, Yung Miami isn’t without her long list of suitors. Yet, whatever is going on between her and Diddy is being kept close to the chest. Check out the brief clip of the interview above.