Rupert Murdoch’s Fox Entertainment has bought showbiz brand TMZ from WarnerMedia.
Fox said the deal gave it “the opportunity to further market and monetize the TMZ brand across its station group; ad-supported streamer, Tubi; and other Fox-owned platforms”.
Harvey Levin, who founded TMZ in 2005, will continue to oversee day-to-day operations as managing editor and report to Rob Wade, Fox Entertainment’s president of alternative entertainment and specials.
Levin said: “We couldn’t be more charged. Fox Entertainment is opening up a world of opportunities for TMZ to grow our current platforms and expand in every which way.”
Source: Press release
Deal size: Undisclosed
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