Overview

• Paramount acquired Bari Weiss’s media startup The Free Press and appointed her to lead CBS News, marking a major leadership change at the network.
• Weiss will remain CEO and editor of The Free Press, which is expected to operate independently after the sale, according to reporting.
• CNN reported that some CBS News journalists were unsettled by the appointment, noting Weiss’s profile as a polarizing media figure.
• David Ellison had discussed working with Weiss, and CNN said Paramount sought to bring her editorial perspective to CBS News.
• FAZ reported that The Free Press has about 1.5 million subscribers with roughly 10% paying and that Paramount paid $150 million for the purchase.