"How could the Free Press-the total editorial output of which on a given day amounts to one or two reheated versions of "The Kids These Days Are Crazy," something like "Liberal Mayors Keep Lying About The 'Black Issue,'" and "How This IDF Wife Is Balancing Motherhood And Killing Child Terrorists"-be worth a reported $150 million, and why is its oafish founder about to oversee a huge press operation? Respectively: It isn't, and she shouldn't."
"Before getting to Weiss, we have to establish the context for what's happening at CBS News, and why its owners would be looking for new leadership. That story starts with David Ellison, the firstborn son of the third marriage of Larry Ellison-Oracle founder, recently and fleetingly the wealthiest person in the world, and Israel Defense Forces mega-donor. The younger Ellison founded the production company Skydance Media in 2006,"
Paramount acquired the Free Press and appointed Bari Weiss as editor-in-chief of CBS News. The Free Press produces minimal editorial output and centers reactionary, provocative pieces. The reported $150 million valuation appears disconnected from its actual content. The acquisition functions as part of a larger transaction and an explicit project to reorient mainstream media toward accommodating wealthy owners' preferences. David Ellison, son of Larry Ellison, uses his Skydance and Paramount ties to reshape media leadership. The combination of concentrated wealth, ideological donors, and corporate strategy threatens to make major news outlets more compliant and less adversarial toward elite interests.
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