Fox Acquires Conservative Podcast Company Red Seat Ventures

1. Fox Corp is acquiring Red Seat Ventures to expand podcasting capabilities. 2. Red Seat supports notable conservative media personalities and will operate within Fox’s Tubi. 3. This acquisition signals a shift towards digital media amidst declining traditional viewership. 4. Fox plans a direct-to-consumer streaming service, targeting cord-cutters. 5. The move enhances podcasting in sports and entertainment, key Fox strengths.