Paramount Nears The Free Press Acquisition, Bari Weiss Rumored for CBS News Top Role
Paramount, now under the ownership of Skydance and CEO David Ellison, is nearing a significant acquisition. The company is close to buying The Free Press, an announcement expected as soon as Monday. Meanwhile, speculation surrounds the potential appointment of Bari Weiss as editor-in-chief of CBS News, a role that could see her report directly to Ellison.
The Free Press, with approximately 1.25 million overall subscribers, including 12% paid subscribers, would bring a substantial audience to Paramount. Weiss, the founder of The Free Press, is known for her controversial opinion pieces, often critical of the 'woke' left and supportive of conservative voices. Her appointment has sparked speculation that it could shift the news division rightward.
Despite the potential change, Tom Cibrowski, president and executive editor of CBS News, is expected to remain at the network. He will continue to report to George Cheeks, chair of TV media at Paramount. The acquisition is part of Paramount's broader strategy to invest heavily in CBS News 24/7, its streaming channels, and integrate national newsgathering operations with local newsrooms.
The acquisition of The Free Press by Paramount, along with the potential appointment of Bari Weiss as editor-in-chief of CBS News, signals a significant shift in the media landscape. While the operational role of Weiss at CBS News remains unclear given her lack of experience in broadcast network ranks, her appointment could reshape the network's editorial direction.
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