Overview

• Paramount Skydance said Weiss will shape editorial priorities at CBS News and partner with CBS News President Tom Cibrowski, who reports to Paramount TV Media chair George Cheeks.
• The Free Press will keep its own brand and operations inside Paramount, and Weiss will continue leading the outlet alongside her CBS News responsibilities.
• The companies did not disclose terms, but multiple reports put the purchase at about $150 million, and Paramount cited roughly 1.5 million subscribers with about 170,000 paid.
• The move follows the Skydance–Paramount merger that drew FCC scrutiny, with Paramount appointing ombudsman Kenneth R. Weinstein after a $16 million settlement involving a 60 Minutes lawsuit.
• CBS News staffers have expressed unease about potential editorial shifts and Weiss’s lack of broadcast management experience, and the editor-in-chief title is new at the network.