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Fox Entertainment to Acquire TMZ From WarnerMedia for Reported $50 Million

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thewrap.com
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Wall Street Journal reported.Under terms of the agreement, FOX will own and operate all TMZ-branded linear, digital and experiential assets, including its hit syndicated magazine programs, “TMZ” and “TMZ LIVE,” both of which air on 18 network affiliates owned by Fox Television Stations; the dedicated sports site TMZ Sports and program “TMZ SPORTS,” which airs on FS1; and celebrity tour operations in Los Angeles and New York; and in a significant expansion of Fox’s digital footprint, the flagship website TMZ.com and its celebrity and culture outlet, TooFab.com.TMZ provides Fox the opportunity to further market and monetize the TMZ brand across its station group, ad-supported streamer Tubi, and other Fox-owned platforms.

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