Overview
- Puck’s Dylan Byers reported the acquisition is “on the 1‑yard line,” with an agreement in principle and lawyers finalizing terms.
- Coverage pegs the price between roughly $100 million and $200 million, with some reports saying the final number is likely below the top end given Free Press revenues around $10–15 million.
- Paramount and Bari Weiss have not confirmed the talks, declining to comment in multiple outlets.
- Newsroom sources describe strong resistance at CBS News, and an individual familiar with the talks told TheWrap that management expects some resignations if Weiss takes the role.
- The development follows FCC conditions tied to the Skydance-Paramount merger that included installing a CBS News ombudsman and ending DEI mandates, as well as a $16 million settlement of the president’s lawsuit over a 60 Minutes interview.