Cable network BET is shuttering its headquarters in Washington, D.C., where BET Networks was founded. The Hollywood Reporter’s Live Feed reports that the net is moving its central operations to Viacom’s new hub in New York.

BET CEO Debra Lee is moving to Los Angeles, the report notes, and is listing her Washington home for sale for $11.5 million.

“The move was announced this week by Lee in a pair of memos to staff,” THR reports. “The D.C. office — which had been the central hub for BET since it opened in 1980 — will officially close July 7.”

The report quotes a statement from a BET spokesperson who said: “The closing of BET Network’s Washington, D.C., office has been an ongoing transition in line with our overall strategy to make New York BET’s new headquarters. We are very proud that Washington, D.C., was the birthplace of BET Networks, the first network and the premier destination for African-American audiences for the past 37 years.”