Fox Corp has acquired Red Seat Ventures, a company specializing in audio and video production, particularly in podcasting. This strategic move marks a comeback for Fox as they enable former stars like Megan Kelly and Tucker Carlson to create content under the Red Seat umbrella. The acquisition aims to grow creator brands while preserving their independence. Additionally, it offers the potential for Red Seat programming to be hosted on Fox's digital platforms, expanding its reach and audience engagement significantly.
In aligning with Fox, we will be able to build upon that investment and expand the services we provide to our creators, while continuing to maintain the independence and integrity of their brands.
The deal raises the prospect that Red Seat-affiliated programming could also be carried on Fox-owned digital services.
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