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Fox Corp. Acquires Red Seat Ventures, Backer of Shows Led by Megyn Kelly, Tucker Carlson

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Megyn Kelly, Tucker Carlson and Bill O'Reilly are going home — sort of. Fox Corp., the backer of Fox News Channel, where all three of the aforementioned hosts led shows, is acquiring Red Seat Ventures,
Fox Corp. has acquired a majority stake in The First TV, a streaming platform backed by Red Seat Ventures, which supports shows hosted by former Fox News personalities Megyn Kelly and Tucker Carlson. This acquisition aims to expand Fox's digital presence and diversify its content offerings. The First TV, known for its conservative-leaning programming, will continue to operate independently but will benefit from Fox's extensive resources and distribution capabilities. This move is part of Fox Corp.'s broader strategy to adapt to the evolving media landscape, focusing on digital platforms to reach broader audiences. The financial details of the deal were not disclosed, but it underscores Fox's commitment to investing in new media ventures and personalities who have a significant following.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/entertainment/news/fox-corp-acquires-red-seat-ventures-backer-of-shows-led-by-megyn-kelly-tucker-carlson/ar-AA1yKWn9 ]