Paramount is preparing to extinguish up to $ 200 million for the weiss’ Buzzy Media Venture, The Free Press to hand over to help lead CBS News an action that is shaking a shaken news that is still pulling out of the $ 8 billion Mega-Merger-Merger.
Weiss, the former New York Times opinion site editor who launched the Free Press in 2022, is reported to be in line for a high editorial role in CBS News, as part of an agreement that would present its appearance to the new Paramount, according to the Puck Bulletin.
Paramount declined to comment, but Puck Media reporter Dylan Byers linked the possible purchase price between $ 100 million and $ 200 million, with sources saying the talks are in their final stages.
The deal comes at last month’s joining heels between David Ellison’s Skydance Media and Paramount Global, who ended decades of control of the Redstone family and placed CBS and CBS News firmly under Ellison Hour.
FCC was signed in the transaction after Ellison agreed to include changes in CBS News, including installing an Ombudsman in police prejudice, dismantling Dei programs and promising to raise the “diversity of view”.
These omissions have already rocked the newsroom. An internal of CBS told Fox Business that the new Ombudsman reached a “hall monitor”, while former spies have publicly warned that the CBS News tradition of independent reporting could be in danger.
Now the perspective of Weiss-a critic with a sharp language of progressive orthodoxy who left the time after exploding the “illustrative environment” of the letter-entering a leading role has only increased tensions, according to reports.
Weiss has carved a reputation to challenge the left and the right, building free press on a high -profile platform, led by subscribers publishing essays, interviews and investigative work outside the traditional media lanes.
Her possible achievement in CBS News would mark her most prominent role of the main flow since the departure of time.
Time is no coincidence. As part of the Skydance-Paramount union, Ellison has been under pressure to prove that he can modernize CBS news and the opposite years of ratings.
His $ 8 billion was billed as a bet on the revitalization of the Paramount content pipeline, but CBS News – during Jewel Crown of American Broadcast Journalism – became Flashpoint in Washington during regulatory review.
FCC officials matured Ellison’s team to cover CBS, completing the approval of the conditioning for the creation of the Ombudsman office and the elimination of Dei’s mandates.
The paramount-scydance union was approved after Paramount agreed to resolve a lawsuit filed by President Trump against CBS News during a “60-minute” interview with Kamala Harris that he says was edited deceitful.
Paramount did not comment on the talks, and Weiss has publicly silent.
The post has also requested comment from Weiss.
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