WarnerMedia Sells TMZ to Fox Entertainment
Posted on 09/13/2021
WarnerMedia, which also owns controversial cable news business CNN, sold celebrity news site TMZ to Fox Entertainment. Earlier, WarnerMedia’s parent company AT&T sold anime brand Crunchyroll to Sony and its TV service DirectTV to TPG Capital. Furthermore, WarnerMedia is set to be spun off and combined with Discovery. Harvey Levin is the managing editor of TMZ and he co-founded the company in 2005. Fox will operate all of TMZ’s channels including its programs, TMZ and TMZ LIVE, which already air on 18 network affiliates owned by Fox Television Stations, according to the release.
Fox Corporation Executive Chairman and CEO Lachlan Murdoch said in a public statement, “The unique and powerful brand Harvey has created in TMZ has forever changed the entertainment industry and we’re excited to welcome them to FOX.”