Debra Lee Getting Phased Out At BET?
What’s going on over at BET?!
Days after we learned the network was closing the doors of their DC headquarters, new rumors have surfaced claiming Viacom is planning a huge restructure that will phase longtime CEO Debra Lee out of the company.
Via Page Six:
“Viacom has a plan to phase her out after the BET Awards [on June 25]. She was planning to leave the network in November if Hillary Clinton had won the election,” the source said, adding that Lee had expected a position with the Clinton administration.
Lee sent out a memo on Tuesday informing staff that the network is closing its DC headquarters after 37 years.
The media heavyweight further added fuel to rumors when she moved to LA and listed her DC pad on the market for $13.5 million.
But an insider at Viacom told us that Lee’s not leaving, and the company’s simply in transition. “Debi is not leaving. Her contract was recently extended, and Viacom is not restructuring BET. Closing the DC office is a part of a transition that’s been occurring for a long time. Everyone understands the move. They’re not surprising anyone,” the source said.
A rep for BET told us the network doesn’t comment on “rumors and personnel matters.”
Welp. I guess we’ll just have to wait and see.