"Weiss started a Substack newsletter in 2021, called Common Sense, which later evolved into The Free Press, touting itself as a media company "built on the ideals that were once the bedrock of great American journalism." As noted in the press release, The Free Press has grown its revenue 82 percent over the past year, while subscribers increased 86 percent to 1.5 million, 170,000 of which include paid subscriptions."
"Weiss's appointment as the head of CBS News comes after the Trump administration extracted a $16 million legal settlement based on an interview CBS aired with 2024 Democratic presidential candidate Kamala Harris, then approved a merger between Skydance and Paramount on the condition that CBS air a greater "diversity of viewpoints from across the political and ideological spectrum" - effectively a government demand to air more conservative content, which Weiss' appointment could plausibly satisfy."
Paramount is acquiring The Free Press, an independent media publication started on Substack, and is installing founder Bari Weiss as editor-in-chief of CBS News. Bari Weiss previously served as op-ed and book review editor at The Wall Street Journal (2013–2017) and as an op-ed editor and writer at The New York Times before resigning in 2020, citing an "illiberal environment." Weiss launched a Substack newsletter in 2021 that evolved into The Free Press. The Free Press reported revenue growth of 82% and subscriber growth of 86% to 1.5 million, including 170,000 paid subscribers. A report suggests the acquisition cost $150 million in cash and stock. Weiss will continue running The Free Press while leading CBS News.
Read at The Verge
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