Paramount Skydance to acquire Bari Weiss-founded Free Press

Core Insights - Paramount Skydance has acquired online publication The Free Press for $150 million, appointing co-founder Bari Weiss as CBS News' editor-in-chief [1][2] - The Free Press, launched by Weiss in 2021, has 1.5 million subscribers, with over 170,000 being paid subscriptions [2] - Weiss will report to Paramount Skydance CEO David Ellison, and her role will focus on shaping editorial priorities and leading innovation in news delivery [2][3] Company Developments - The acquisition of The Free Press is part of a series of strategic moves by Paramount Skydance following the merger completed in August [3] - Bari Weiss, who previously worked at The New York Times, aims to champion core values across platforms within CBS News [2]