Byron Allen Offers to Buy BET From Paramount Global for $3.5 Billion

OperationNumbNutts

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If you've got that kind of money to spend on a network, why not just start one from the ground up? That way you start with a clean slate and can make your own mark. Only thing is, is getting an FCC license difficult/expensive? Is that why the price offered is so high? :patrice:
Logically response. Some rather buy businesses because the infrastructure is already in place not forget you are inheriting a customer base. Starting from scratch may coat more and be more time consuming to build. Just my two cents.
 

UpNext

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stated.. not in this timeline. maybe when Ruth was alive, when there is more balance. that's why his advisors told him it was a bad play. IN THIS TIMELINE.

further on this here...


Partisan balance[edit]​

The simplest way to approximate the ideological leanings of Supreme Court justices is by the political party of the president who appointed them. In a 2000 paper, Segal, Timpone, and Howard found that, in their study area (civil liberties and economics cases from 1937 to 1994), presidents appear to be reasonably successful in extending their policy preferences by appointing like-minded justices to the court, though they found that justices appear to deviate over time away from the presidents who appointed them.[4] In 1999, Pinello conducted a meta-analysis of 84 studies of American courts covering 222,789 cases adjudicated since World War II and found that political party affiliation was a dependable indicator of rulings: Democratic judges voted in favor of liberal solutions more often than Republican judges did, especially in federal courts (the U.S. Supreme Court, U.S. Courts of Appeal, and U.S. District Courts).[5]

The graph below (using data from List of justices of the Supreme Court of the United States) shows the number of justices sitting in the Supreme Court who were appointed by Democratic or Republican presidents since 1936. In 1936, the Court had 7 justices appointed by Republican presidents and 2 appointed by Democratic presidents. Democratic President Franklin D. Roosevelt then filled the Supreme Court with 9 appointees in the late 1930s and 40s (including promoting Chief Justice Harlan F. Stone, who had originally been appointed to the Court by Republican President Calvin Coolidge. Then Democratic President Harry S. Truman appointed 4 justices. In the 1950s, Republican President Dwight D. Eisenhower reversed the balance by appointing 5 justices to the court.

Graph of number of sitting U.S. Supreme Court justices appointed by Republican and Democratic presidents, 1936–Present

In the 1960s, Democratic Presidents John F. Kennedy and Lyndon B. Johnson, appointed 2 justices each, flipping the balance back to a majority of Democratic-appointed justices. This was reversed by Republican President Richard Nixon who appointed 4 justices, followed by Republican Presidents Gerald Ford, Ronald Reagan, and George H.W. Bush appointing a total of 7 more justices. (Democratic President Jimmy Carter was not able to appoint any justices in his single term). In succession, Democratic President Bill Clinton, Republican President George W. Bush, and then Democratic President Barack Obama each appointed 2 justices. Since 2020, with the appointment of 3 justices by Republican President Donald Trump, the Court has 6 justices appointed by Republican presidents. Democratic President Joe Biden has appointed 1 justice, but that appointment did not change the partisan balance. In every term since 1970, the Court majority (consisting of at least 5 of the justices) has been appointed by Republican presidents. Every chief justice since 1953 has also been appointed by Republican presidents.

Devins and Baum point out that before 2010, the Court never had clear ideological blocs that fell perfectly along party lines. In choosing their appointments, Presidents often focused more on friendship and political connections than on ideology. Republican presidents sometimes appointed liberals and Democratic presidents sometimes appointed conservatives. As a result, "... between 1790 and early 2010 there were only two decisions that the Guide to the U.S. Supreme Court designated as important and that had at least two dissenting votes in which the Justices divided along party lines, about one-half of one percent."[6]: 316 [7] Even in the turbulent 1960s and 1970s, Democratic and Republican elites tended to agree on some major issues, especially concerning civil rights and civil liberties—and so did the justices. But since 1991, ideology has been much more important in choosing justices—all Republican appointees have been committed conservatives and all Democratic appointees have been liberals.[6]: 331–344  As the more moderate Republican justices retired, the court has become more partisan. The Court is now divided sharply along partisan lines with justices appointed by Republican presidents taking increasingly conservative positions and those appointed by Democrats taking moderate liberal positions.[6]: 357 

RBG was alive and ruled in Comcast's favor with the majority. This was a bipartisan unanimous decision. I'd buy the timeline/Republican argument if all 4 judges who were nominated by Democrats for that case didn't also rule in Comcast's favor :skip:
 

↓R↑LYB

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Byron Allen only uses his race to benefit him. Look into his settlement with Comcast. He was being asked NOT to take the case to the Supreme Court by activists. He still pushed the issue like a bytch.

fukk him and his companies.
OMG I hope he never finds out that @Sir Richard Spirit doesn't think highly of him :to:

Hopefully his billions will be able to comfort him once he learns how much he disappointed you :wow:
 

AStrangeName

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If Byron would to get BET it isn't just BET itself, but the BET Media group which includes, BET Her, Jams, Soul, BET Studios and VH1. So, for 3.5 billion the asking price make sense. It won't include BET+ because that's between Paramount Global and Tyler Perry Studios.
 

Bryan Danielson

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If you've got that kind of money to spend on a network, why not just start one from the ground up? That way you start with a clean slate and can make your own mark. Only thing is, is getting an FCC license difficult/expensive? Is that why the price offered is so high? :patrice:

the infrastructure is already in place and would be less work.

Not to mention the deals already in place of several cable companies…. Unlike say an Axs, where I think that’s only on DirecTV
 

Bryan Danielson

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If Byron would to get BET it isn't just BET itself, but the BET Media group which includes, BET Her, Jams, Soul, BET Studios and VH1. So, for 3.5 billion the asking price make sense. It won't include BET+ because that's between Paramount Global and Tyler Perry Studios.


Oh yes…. This too
 

Thavoiceofthevoiceless

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If it was just BET by itself, that would be ridiculous to pay. It's easy to forget the whole media group.
He doesn’t have the $3.5 million dollars, so it’s all talk on his part. If he did, they would sell it to him especially how desperately they need the influx of cash.

It’s a full on bluff on his part especially considering how high he’s coming in compared to everyone else.
 
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