K.C. Neel BET, which canceled some of its news and public affairs programming to add syndicated entertainment shows, acquired rerun rights to three programs produced by parent Viacom currently running on Viacom networks. The shows are UPN’s The Parkers and Girlfriends and Showtime’s Soul Food. Debra Lee, BET president and COO, called the deal “a prime example of our plan to strike a better balance between original production and syndicated shows on our network.” BET will televise 12 episodes of Soul Food on Tuesdays at 9 p.m. starting Jan. 21. The Parkers will be part of BET’s schedule in the fall. Girlfriends arrives on BET in 2004 as will a full slate of Soul Food episodes.

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Let’s Not Make a Deal

S&P ’s TMT deal tracker reports that media and telecom M&A plunged to a 13-month low in February, with North American media and telecom companies striking 96 transactions worth nearly $160 million in

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