WarnerMedia sells TMZ to Fox Entertainment - NewsBreak

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By Austine in Business
Updated 3 years ago

TMZ, the online tabloid co-founded and operated by Harvey Levin, has been sold to Fox Entertainment, in a deal reportedly valued around $50 million. Why it matters: The deal points to Fox Corp.'s ambitions to include more entertainment programming across its digital and TV channels. It also points to ongoing...

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