SHOT: BET Founder Suggests Hollywood Studios Should Lose Money, Because Diversity.
—Walter Hudson, PJ Lifestyle, today.
Chaser: “Robert L. Johnson, the cable TV executive who founded Black Entertainment Television in 1979 and owns a 63 percent stake in BET Holdings, will get stock worth more than $1.4 billion in the deal.”
—Viacom Acquires BET, ABC News, October 4th, 2000.