Fox completed the acquisition of Red Seat Ventures.

Fox, a multinational mass media company, completed the acquisition of Red Seat Ventures, a digital media company. Financial terms were not disclosed. "From the beginning, Red Seat Ventures has had the opportunity to work with some of the most influential creators in the world to grow their new media businesses and develop their personal brands. 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, which is truly the best case scenario," Chris Balfe, Red Seat Ventures CEO.