Overview

• Multiple outlets citing Puck’s Dylan Byers report Paramount Skydance will acquire The Free Press for roughly $150 million in cash and stock with earn-outs.
• Weiss would take the editor in chief role at CBS News and report directly to David Ellison, a shift that bypasses current president Tom Cibrowski.
• Sources say the announcement is targeted for Monday, though timing and certain terms remain fluid and unconfirmed by the companies involved.
• A source indicates The Free Press would remain a standalone property owned by Paramount, with any integration into CBS’s digital operation undecided.
• Coverage notes rising unease inside CBS News over the prospective hire and direction of the division following recent regulatory scrutiny and legal settlements.