Red Seat Ventures completed the acquisition of Supercast.

Red Seat Ventures, a digital media company and production studio that operates as a division of Fox Corporation, an American television broadcasting company, completed the acquisition of Supercast, a preferred podcast subscription platform. Financial terms were not disclosed. “From the very first conversation with Chris Balfe at Red Seat Ventures and Paul Cheesbrough at Tubi Media Group, it was clear that we shared the same worldview: that creators can own their audience, control their brand and build significant, sustainable media businesses on their own terms. We’re excited to accelerate investment in the Supercast platform and bring even more opportunities to our creators and partners by leveraging the power of Red Seat Ventures, Tubi Media Group and FOX,” Jason Sew Hoy, Supercast Founder and CEO.