Red Seat Ventures Acquires Leading Podcast Subscription Platform Supercast

Red Seat Ventures Acquires Leading Podcast Subscription Platform Supercast Los Angeles, CA, February 10, 2026 - Red Seat Ventures, a division of Fox Corporation's (Nasdaq: FOXA, FOX) Tubi Media Group, today announced that it has acquired Supercast, a leading subscription platform for podcast creators. The acquisition expands Red Seat Ventures' creator-focused digital services portfolio, giving creators a single partner for advertising and subscription monetization and unifying the two primary revenue streams for podcast businesses. Supercast will continue to operate autonomously under Founder and Chief Executive Officer Jason Sew Hoy.

Founded in 2019, Supercast supports creators across the podcasting ecosystem from independent shows to podcast networks, including some of the most recognizable voices in the medium. The platform provides subscription tools that enable podcast creators to generate durable, creator-owned revenue through exclusive audio and video content and member communities. Supercast's top 10 podcasters gross more than $26 million per year in subscription revenue.

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, said Jason Sew Hoy, Supercast Founder and CEO. 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.

The acquisition is the latest addition to Red Seat Ventures' expanding and wide-ranging slate of digital and creator-led businesses. Together, Red Seat Ventures and Supercast aim to expand opportunities for creators across subscriptions, sponsorships, events, merchandise and video distribution, while preserving creator independence and direct audience relationships.

With the support of Red Seat Ventures, Supercast plans to accelerate investment in product development, creator growth and team expansion.

About Supercast

Supercast is the preferred podcast subscription platform for the most well-monetized podcasts in the world, powering millions in revenue for independent podcasters and content networks. The platform works seamlessly with any podcast player, delivering exclusive audio and video content to paid subscribers wherever they want it with a simple two-tap subscription process. Supercast's top 10 podcasters gross more than $26 million per year from podcast subscriptions alone. For more information, visit https://www.supercast.com.

About Red Seat Ventures

Red Seat Ventures partners with top creators, brands, and media companies to develop unique, impactful digital properties. We offer our client-partners an unparalleled combination of investment capital, growth strategy, monetization and skilled management, all of which enable the rapid launch of new shows and businesses. As part of Fox Corporation, RSV is committed to fostering innovative content that resonates with audiences worldwide.

About Tubi Media Group

Tubi Media Group is the home of FOX's digital businesses and streaming services, including Tubi, FOX One, Red Seat Ventures, AdRise and Credible. The group is tasked with overseeing FOX's digital growth strategy and oversees the operation of FOX's core platforms and systems, product engineering teams, research and development and the Office of the CTO.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as may, will, should, likely, anticipates, expects, intends, plans, projects, believes, estimates, outlook and similar expressions are used to identify these forward-looking statements. These statements are based on Red Seat Ventures' management's current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements in this press release due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of Red Seat Ventures' businesses. More detailed information about these factors is contained in the documents Fox Corporation has filed with or furnished to the Securities and Exchange Commission, including its Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.

Statements in this press release speak only as of the date they were made, and Red Seat Ventures undertakes no duty to update or release any revisions to any forward-looking statement made in this press release or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or to conform such statements to actual results or changes in Red Seat Ventures' expectations, except as required by law.

Press Contact:

Lauren Townsend

310-369-2729

lauren.townsend@fox.com

LINK:	https://www.foxcorporation.com/news/corp-press-releases/2026/red-seat-...
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