Harvey Levin, the managing editor of TMZ who co-founded the company in 2005, will stay on board and report up to Fox’s management.
Other terms of the deal were not disclosed.
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 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.
“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.”