Paramount Buys The Free Press, Names Co-Founder Bari Weiss As CBS News' Editor-In-Chief

Benzinga

Paramount Skydance appointed Bari Weiss as editor-in-chief of CBS News following its acquisition of her outlet, The Free Press. Weiss will oversee CBS’s editorial direction while maintaining The Free Press as an independent brand. The move signals a modernization of CBS News amid broader shifts in media and politics.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Paramount Skydance has appointed Barry Weiss as editor-in-chief of CBS News

00:06as part of its acquisition of her online news outlet, The Free Press.

00:09Reuters reported that The Free Press was valued at $150 million,

00:12though the deal's financial terms were not disclosed.

00:15Weiss will report directly to CEO David Allison

00:17and help shape CBS News' editorial strategy

00:20while The Free Press maintains independent operations.

00:23Founded in 2021 with 1.5 million subscribers,

00:26The Free Press will remain independent

00:27as Weiss brings a moderate approach to CBS News.

00:31Weiss, a former contributor to The New York Times

00:32and The Wall Street Journal,

00:34is known for diverse viewpoints and high-profile connections.

00:37Her appointment comes as CBS News undergoes major changes,

00:40including reported talks with the White House

00:42for an interview with Trump following his campaign's

00:44$16 million settlement with Paramount's parent company.

00:47For all things money, visit Benzinga.com.

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