Fox Corp announced the acquisition of Red Seat Ventures, a digital media startup known for its popular podcasts and internet shows. Red Seat will operate as a separate entity within Fox's Tubi Media Group, led by CEO Paul Cheesbrough as chairman. This move comes in recognition of the rapidly growing creator economy where individuals seek direct engagement from trusted voices in media. Former Fox hosts like Megyn Kelly clarified their relationship with Red Seat, emphasizing that the company only sells ads for their content and does not produce it.
To be clear, Red Seat sells ads for our show. They do not create content for us as Variety @bristei claim. My producers & I do that.
The creator economy is one of the fastest growing media categories worldwide by measure of reach and influence, and consumers are increasingly looking to get their information...
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