Digest opened free editor
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Paramount acquired free Press for about 150 million dollars, and its founder, Barry Weiss, was appointed as the editor -in -chief of CBS News, which has been a broadcaster for a century a stronghold of the prevailing press.
The deal, which was exposed to the main media, gives the editorial control of the CBS News, which was at odds with US President Donald Trump during the past year, and reached its climax in A. $ 16 million is a legal settlement With Paramount.
The acquisition is the first major deal under The new Paramount ownerDavid Ellison, son of the founder of Oracle Larry Ellison. People familiar with the matter said that David Ellson was flirting with Weiss for several months as part of an attempt to reset the direction of CBS. They added that Weiss’s position of Israel was among the factors that appealed to Ellison.
“Barry is a proven champion of the independent and initial press, and I am sure to lead in the field of entrepreneurship and the vision of editing in CBS news.” “We believe that the majority of the country yearns for balanced and fact -based news, and we want CBS to be its home.”
Weiss said she is committed to “building the most trusted news organization in the twenty -first century.”
Weiss, a former journalist in the New York Times, has for herself by attacking liberal institutions and “canceling culture”. She built loyal followers between the central circles and the Maga departments since he left the time in 2020 and the establishment of Free Press, which is a newsletter, podcast and business events.
Last year, free Press raised $ 15 million in investors The startup rating at about $ 100 millionFinancial times mentioned earlier. Weiss had previously collected money from investors, including Marc Andrink and David Sachs.
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