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1h ago

Paramount Skydance Poised to Buy The Free Press, Elevate Bari Weiss to CBS News Editor in Chief

The move would place Weiss in a rare direct-report role to CEO David Ellison, signaling a top-down editorial reset.

Bari Weiss
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Overview

  • Multiple outlets citing Puck report that an announcement is planned for Monday, though the timing and terms could still change.
  • Weiss would report directly to David Ellison rather than through CBS News president Tom Cibrowski, who is expected to remain in his position.
  • The Free Press acquisition is valued at about $150 million in a mix of cash and stock with earn-out provisions, according to reports.
  • Reporting indicates The Free Press would remain a standalone property under Paramount and operate separately from CBS News.
  • Coverage describes significant unease inside CBS News over the planned shift, following merger conditions that installed an ombudsman and a $16 million 60 Minutes settlement.