TMZ acquired by Fox in $50M deal: report - NewsBreak
By Hardik in Business
Updated 3 years ago
Fox Corp. has reportedly completed an acquisition of news and entertainment website TMZ from WarnerMedia for an estimated $50 million, Variety reports. The deal includes the transfer of all TMZ's assets, including TMZ Live and TMZ Sports. Harvey Levin, the managing editor of TMZ and its co-founder, will remain involved...