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New Deal


Announced

Completed

Fox completed the acquisition of TMZ from AT&T-backed WarnerMedia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

online publishing

Single Bidder

newspaper

Publishing

Majority

Acquisition

United States

Friendly

Completed

Domestic

Synopsis

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Fox, a news, sports and entertainment company, completed the acquisition of TMZ, a tabloid journalism online newspaper, from AT&T-backed WarnerMedia, an American multinational mass media and entertainment conglomerate. Financial terms were not disclosed. "We see great potential building upon TMZ’s brand and track-record and adding new creative ventures with Harvey and the TMZ team," Charlie Collier, Fox Entertainment CEO.

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