WarnerMedia in talks to sell its tabloid TMZ: Report


Aug 10 - AT&T's WarnerMedia is in talks with Fox Corp to sell its tabloid TMZ, the Information reported on Tuesday citing people familiar with the situation.

The potential deal is said to be aimed at slimming WarnerMedia's stock of companies.

The companies did not immediately respond to Reuters requests for comments.

Lancé in 2005, TMZ - short for Thirty Mile Zone - rose to prominence after it broke several enteringtaiment news including the breakup between Britney Spears and Kevin Federline's marriage.

Earlier on Monday, Sony Corp closed its acquisition of the hit animation company Crunchyroll, part of AT&T's WarnerMedia segment.