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This deal marks another acquisition for Static Media in 2025. Earlier this year, it purchased automotive site Jalopnik from G/O Media, and Penske Media also sold tech and science outlet BGR to Static. Penske declined to comment on the TVLine transaction.

The vent will be supported by a two-track conference programme: the Future Formats Forum and The Content Acquisitions Summit. 

Tang will spearhead content management for Fox’s U.K.-based production entities while sourcing third-party programming to bolster global slate across scripted and unscripted formats.

The reality slate and future reality commissions will move across to Katie Rawcliffe, who becomes Director of Entertainment, Reality and Daytime from September.

Platform revenue reached $975 million, streaming hours hit 35.4 billion, and gross profit rose 17% year-over-year; company announces $400 million stock repurchase plan as it lifts full-year guidance.