The offer followed a report that Paramount is in talks to sell BET to a management-led investor group.
I was disappointed about it for a number of reasons.
The way it happened was disrespectful in a lot of ways, he said, according toThe Atlanta Journal-Constitution.
Bloomberg first reported those conversations, citing a possible price tag of just under $2 billion.
The news comes as Par also has been intalks about a broader merger with Warner Bros Discovery.
It was acquired by Viacom in 2001 in a deal worth $3 billion.
There was some excitement in the black community about the asset returning to a Black-owned media company.
Allen Media Group declined to comment.
