Fox Corp Acquires Red Seat Ventures to Strengthen Digital Media Holdings

Fox Corp. has acquired Red Seat Ventures, a media firm specializing in right-leaning podcasts and live events, aiming to strengthen its digital media presence. The purchase, announced on Monday, allows Fox to capitalize on the rising podcast market while maintaining Red Seat as an independent entity within its Tubi Media Group. Industry experts see this move as a strategy to tap into the growing creator economy and diversify Fox's revenue streams beyond traditional television. Notable clients serviced by Red Seat include former Fox personalities Tucker Carlson, Megyn Kelly, and Bill O'Reilly.