BeforeOn October 6, 2025, Paramount announced the acquisition of The Free Press, the independent subscription media company founded by Bari Weiss, for $150 million in cash and stock. As part of the deal, Weiss was named editor-in-chief of CBS News, a newly created position at the network.
AfterOn October 6, 2025, Paramount announced the acquisition of The Free Press, the subscription media company founded by Bari Weiss, for a reported $150 million. Paramount did not confirm the terms. As part of the deal, Weiss was named editor-in-chief of CBS News, a newly created position at the network.
BeforeParamount, now owned by Skydance Media following a merger completed in August 2025, positioned the acquisition as bringing together CBS News' established reach with The Free Press' digital innovation and subscriber-focused approach. The Free Press had grown to 1.5 million subscribers, with over 170,000 paid subscribers, since its launch in 2021.
AfterParamount, owned by Skydance Media following a merger completed in August 2025, positioned the acquisition as bringing together CBS News' reach with The Free Press' subscriber-focused approach. At the time of the deal The Free Press had roughly 170,000 paying subscribers and about 1.3 million free newsletter subscribers.
BeforeThe appointment generated significant discussion within CBS News, with reports of staff concerns about the direction of the newsroom. To introduce The Free Press to broader audiences, the publication lifted its paywall for a "Free Week" from October 6-12, 2025. The move represents a significant shift in CBS News' editorial approach and digital strategy under new ownership.
AfterThe appointment generated significant discussion within CBS News, with reports of staff concerns about the direction of the newsroom. To introduce The Free Press to broader audiences, the publication lifted its paywall for a "Free Week" from October 6-12, 2025.
Substantial change followed at the news division. Roughly 100 employees were laid off in October 2025. A new *CBS Evening News* anchor was installed in January 2026. In December 2025 Weiss held a *60 Minutes* investigation of El Salvador's CECOT prison; it was broadcast largely unchanged in January 2026 after internal objections …