"David Ellison's Paramount is purchasing Weiss's conservative digital-media publication, the Free Press, and installing Weiss as the head of CBS News, Paramount confirmed October 6. CBS bought TFP for around $150 million in cash and Paramount stock, per the New York Times. "Bari is a proven champion of independent, principled journalism, and I am confident her entrepreneurial drive and editorial vision will invigorate CBS News,""
""This move is part of Paramount's bigger vision to modernize content and the way it connects - directly and passionately - to audiences around the world." As the head of CBS News, Weiss will report directly to Ellison and work on programs including 60 Minutes and CBS Sunday Morning. The Free Press, meanwhile, will continue to have an independent brand and publish its own reporting, video, and podcasts."
Paramount, led by David Ellison, acquired the Free Press for around $150 million in cash and Paramount stock and named Bari Weiss head of CBS News. Weiss will report directly to Ellison and oversee programs including 60 Minutes and CBS Sunday Morning. The Free Press will remain an independent brand and continue publishing reporting, video, and podcasts. Weiss founded the Free Press in 2021 after departing the New York Times Opinion section and grew it to 1.5 million subscribers. The acquisition aligns with Paramount's strategy to modernize content distribution and audience connection.
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