Red Seat Ventures has acquired another company as it ramps up its podcasting efforts.
The Fox podcasting arm has acquired subscription platform Supercast, which allows creators to work with one company on both advertising and subscription monetization. Supercast, which was founded in 2019, will continue to operate autonomously under founder and CEO Jason Sew Hoy.
The acquisition comes after Red Seat’s own acquisition by Fox’s Tubi Media Group in February 2025. Red Seat produces audio and video podcasts for talent such as Megyn Kelly, Tucker Carlson, Bill O’Reilly, Dr. Phil, Piers Morgan and Nancy Grace.
In October, Tubi Media Group acquired Ashley’s Flowers Crime Junkie, which often ranks as one of the top true crime podcasts, and her podcast network Audiochuck.
“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,” Hoy said. “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 and his team share our mission of empowering influential voices by offering meaningful opportunities to monetize their content and expand audience reach,” said Chris Balfe, Founder and CEO of Red Seat Ventures. “The rapid growth of direct-to-fan subscriptions has proven the value of recurring creator revenue, and this acquisition accelerates our strategy to provide a one-stop shop that helps creators grow their audience and monetize across channels.”