TMZ Acquisition Helps Fox Corp. Expand Digital News Operations
Cynthia Littleton Business EditorFox Corp. aims to rev up the tempo of its digital news, sports and lifestyle offerings now that the company has completed its acquisition of TMZ from WarnerMedia at a price tag estimated at around $50 million.Fox has acquired all of the company behind the daily syndicated TV shows “TMZ” and “TMZ Live,” which have aired on Fox’s O&O stations since they debuted in 2007 and 2011, respectively.