Paramount is nearing a deal to acquire Bari Weiss’ media start-up, The Free Press, for up to $200 million and position her in a top editorial role at CBS News, a move likely to intensify tensions in a newsroom already unsettled by sweeping corporate changes, the New York Post reported.
Paramount is in advanced talks to fold The Free Press into its newly merged empire with Skydance Media, according to Puck media reporter Dylan Byers. The deal, valued at between $100 million and $200 million, would elevate Weiss — a former New York Times opinion editor — to one of her most prominent positions in mainstream journalism since she left the Times in 2020.
The prospective acquisition comes just weeks after Paramount completed an $8 billion merger with David Ellison’s Skydance Media, a transaction that ended decades of Redstone family control.
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