Transcript: Profile: Bob Johnson, founder of BET

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NPR All Things Considered
Article date:
November 30, 2000
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Copyright

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Profile: Bob Johnson, founder of BET

Host: LINDA WERTHEIMER, ROBERT SIEGEL Time: 8:00-9:00 PM

LINDA WERTHEIMER, host:

From NPR News, it's ALL THINGS CONSIDERED. I'm Linda Wertheimer.

ROBERT SIEGEL, host:

And I'm Robert Siegel.

Bob Johnson has the kind of investing track record that people on Wall Street dream about. Twenty years ago he founded Black Entertainment Television, or BET, with half a million dollars. Earlier this month he agreed to sell it for $2 1/2 billion. That's 5,000 times his initial investment. The buyer is the media conglomerate Viacom, which also owns CBS, Showtime, Nickelodeon, MTV and the Paramount movie studios. ...

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