TMZ Acquisition Helps Fox Corp. Expand Digital News Operations

Fox 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 …

Fox Corp. aims to rev up the tempo of its digital news, sports and lifestyle offerings now that the company has completed its acquisition ofFox 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.

The deal includes all of TMZ’s existing assets including the TMZ Sports digital site and its TooFab celebrity, culture and lifestyle unit that also houses TMZ.com, which generates huge traffic with its specialty of video clips of celebraties behaving badly. “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,” said Lachlan Murdoch, chairman-CEO of Fox Corp. ” ‘

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