"The deal, valued at roughly $150 million in cash and stock, brings Weiss's growing subscriber-driven platform under the same corporate roof as CBS, Showtime, and Paramount, according to CBS News. It also places Weiss, who rose to prominence as a conservative-leaning critic of liberal media culture, at the helm of one of the nation's oldest and most trusted news brands."
"Weiss, 41, first captured national attention after her 2020 resignation from The New York Times, where she accused the paper of enforcing what she described as "ideological conformity." She later launched The Free Press in 2021 alongside her wife, Nellie Bowles, and her sister, Suzy Weiss, which became a haven for self-styled "heterodox" thinkers and a lucrative digital media brand championing "free speech" and contrarian opinion."
Paramount Skydance acquired The Free Press and appointed Bari Weiss as editor-in-chief of CBS News in a deal valued at roughly $150 million in cash and stock. The acquisition places The Free Press alongside CBS, Showtime, and Paramount under the same corporate roof and elevates Weiss, known as a conservative-leaning critic of liberal media culture, to lead a major national broadcast newsroom. Weiss gained national attention after her 2020 resignation from The New York Times and launched The Free Press in 2021 as a subscriber-driven platform for heterodox voices and contrarian opinion. The company described the move as part of a new era of innovation and journalistic independence and framed it as modernization of content and audience connection. The appointment has prompted unease among some staff and observers.
Read at Advocate.com
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