Overview
- Puck reports the negotiations are in their final stages, with one source calling the agreement "on the 1-yard line."
- Weiss is reportedly in line for a senior editorial position guiding CBS News’ direction if the deal closes.
- Estimated purchase price for The Free Press ranges from about $100 million to $200 million, according to multiple reports.
- Paramount declined to comment on the talks and Weiss has not publicly responded to the reports.
- Coverage highlights internal concerns at CBS News, with some reporting that resignations are expected, as well as questions about The Free Press’s roughly $15 million subscription revenue and reliance on Substack.