TMZ has now joined Fox Entertainment, the companies announced yesterday (September 13).
The gossip news and television show was previously owned by WarnerMedia. Per CNN, WarnerMedia’s parent company AT&T has been shedding assets to help pay off its own debt and pave the way for investments in 5G.
AT&T also sold anime brand Crunchyroll to Sony and its TV service DirectTV to TPG Capital. WarnerMedia is also slated to be spun off and combined with Discovery.
Harvey Levin, co-founder of TMZ and the managing editor, will stay on board and report to Fox Entertainment’s management.
Fox Corporation Executive Chairman and CEO Lachlan Murdoch said in a 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.”
Fox will take on all of TMZ’s programs, including TMZ and TMZ LIVE, which already air on 18 network affiliates owned by Fox Television Stations, according to the release.
“When I see a breaking celebrity-related story that is equal parts shocking, fun and addictive, I know it’s TMZ,” Fox Entertainment CEO Charlie Collier said in a statement. “Whether via broadcast or digital, TMZ has brought its brand-defining energy and sense of urgency to fans across the planet.”