The New York Times reports:
The Fox Corporation said on Monday that it had acquired Red Seat Ventures, a growing digital media company that has become a go-to partner for old-media stars like Megyn Kelly, Tucker Carlson and Piers Morgan as they create their own independent online programming.
The acquisition moves the Fox Corporation into the heart of the online “creator economy,” where media personalities who once relied on old-school corporate distributors — like, say, the cable networks owned by Fox — have struck out on their own to build podcasts and streaming shows that rack up millions of subscribers on platforms like YouTube and SiriusXM.
Red Seat’s lengthy client list includes Dr. Phil, Nancy Grace, Bill O’Reilly, the former “To Catch a Predator” host Chris Hansen and the “President’s Daily Brief” podcast.
Read the full article.
Fox just bought its way into the podcast space in a big way — and in a model that includes way less control over talent than it’s used to https://t.co/bj6N38SgPA
— Ben Smith (@semaforben) February 10, 2025
The Fox Corporation said on Monday that it had acquired Red Seat Ventures, a growing digital media company that has become a go-to partner for old-media stars like Megyn Kelly, Tucker Carlson and Piers Morgan as they create their own independent online programming.
— The New York Times (@nytimes.com) February 10, 2025 at 8:54 AM
Rupert Murdoch’s Fox just bought Red Seat Ventures. It’s a deal that tells you a lot about the state of media, and politics, in 2025.
— Business Insider (@businessinsider.com) February 10, 2025 at 11:43 AM