Fox Corporation’s (FOX) Red Seat Ventures Acquires Supercast

Group 1 - Fox Corporation announced the acquisition of Supercast, an online platform for podcast creators, through its division Red Seat Ventures [1][2] - Supercast, launched in 2019, has top users generating approximately $26 million in annual recurring revenue, and the acquisition aims to enhance Fox's position in the growing podcast market [2] - Fox Corporation reported fiscal Q2 2026 earnings with a revenue increase of 2.05% year-over-year to $5.18 billion, exceeding expectations by $156.19 million, and an EPS of $0.82, surpassing consensus by $0.28 [3] Group 2 - The company operates across various segments including Cable Network Programming, Television, Credible, and The FOX Studio Lot, focusing on news, sports, and entertainment [4]