Red Seat Ventures
Acquisition in 2025
Red Seat Ventures, LLC is a consulting agency based in New York, established in 2015, that focuses on developing platforms for content creators to engage with their audiences. The company partners directly with talent and content owners to build successful digital businesses. Its services encompass consulting for over-the-top (OTT) and subscription video-on-demand (SVOD) projects, content programming, social media strategy, and brand extensions. By leveraging investment capital, technology, and skilled management, Red Seat Ventures assists clients in creating meaningful connections with their target audiences and promoting business growth.
Hedgehog is a developer of a social media application designed to foster a large community for meaningful and engaging discussions. The platform emphasizes freedom of expression, promoting healthy, respectful, and productive conversations among users. By focusing on these principles, Hedgehog aims to create an online environment where individuals can connect and participate actively in a vibrant social community.
MarVista Entertainment
Acquisition in 2021
MarVista Entertainment is an independent global studio that produces and distributes cost-efficient entertainment content worldwide. With nearly 2,500 hours of content in its library and approximately 80 new movies added annually, MarVista supplies a significant volume of films to the international market. It boasts distribution across over 125 territories globally, serving as a key programming partner for major streamers and media companies such as Netflix, Hulu, Disney Networks, Amazon Prime, WarnerMedia, Lifetime, Hallmark Channel, NBC Universal, OWN, Nickelodeon, BET, Viacom networks, and other international platforms. MarVista specializes in holiday-themed content and diverse genres.
TMZ, short for Thirty Mile Zone, is a prominent celebrity news website based in Los Angeles, California. It specializes in delivering a wide array of entertainment news, including celebrity gossip, interviews, video footage, and photographs. Renowned for its timely and often exclusive content, TMZ has become one of the most-cited sources of entertainment news, serving both national networks and local news organizations across the United States. The platform gained significant recognition when Time magazine named it one of the coolest websites in 2006, and Newsweek honored it as the “Breakout Blog of 2007.” Through its engaging and dynamic reporting, TMZ has established itself as a leading authority in the realm of celebrity news.
Outkick Media
Acquisition in 2021
Outkick Media is a prominent digital media platform that delivers a diverse array of content encompassing sports, opinion, politics, and pop culture. The company operates through various channels, including radio, podcasts, and online and social media outlets, appealing to a broad audience. Outkick has established itself as a key source of sports wagering information in the United States, further enhanced by its exclusive marketing agreement with FanDuel, which facilitates significant referrals in sports betting. By providing engaging and relevant content, Outkick Media positions itself as a leader in the intersection of sports and entertainment.
Caffeine Inc. operates a live social broadcasting and streaming platform that focuses on gaming and entertainment. Founded in 2016 and based in Redwood City, California, the company allows users to broadcast a variety of content, including esports, video gaming, and creative shows, while facilitating real-time interaction through chat and sharing features. Caffeine's platform is designed to enhance viewer engagement with a social-driven recommendation system, making it easier to navigate and discover new content. The company partners with notable entities like FOX Sports, ESPN, and Riot Games to provide a diverse range of interactive programming. Caffeine is committed to maintaining a safe environment, enforcing a zero-tolerance policy against bullying, hate speech, and racism.
Flutter Entertainment
Post in 2020
Flutter Entertainment is a leading sports betting and iGaming operator formed in 2016 through the merger of the Irish company Paddy Power and the UK firm Betfair. The company encompasses a range of well-known brands, including FanDuel, Sky Betting & Gaming, and Sportsbet, and has a significant presence in the United States, the UK, Ireland, Australia, and Italy. Flutter operates in over 100 countries and serves an average of 12.3 million monthly users. In 2023, its revenue sources were primarily from sports betting (56%), followed by online gaming (39%), with the remaining 5% coming from fantasy sports, horse racing, and other activities. By leveraging its diverse portfolio of brands, Flutter combines local market expertise with the advantages of being a global leader in the gaming industry.
Tubi is a company that operates a free streaming television and movie network, offering on-demand video streaming services. It provides over 12,000 movies and television shows from nearly every major Hollywood studio, accessible completely free through an ad-supported model. Based in San Francisco, California, Tubi was incorporated in 2009 and is available in the US and Canada. Users can access Tubi through various devices and apps, including Samsung televisions, Roku, Amazon Fire TV, Comcast’s X1, iOS, and Android. The service enables content producers and advertisers to distribute and monetize their content on connected TV platforms.