LOS ANGELES, CALIFORNIA, Oct 6 (Reuters) - Paramount
Skydance ( PSKY ) CEO David Ellison has named Bari Weiss
editor-in-chief of CBS News, as part of a deal to acquire the
online news site she founded, The Free Press.
Monday's deal capped months of talks between Ellison and
Weiss. The newly minted media baron first floated the idea at
July's Allen & Co conference in Sun Valley, a frequent staging
ground for major media mergers, the New York Times has reported.
Weiss resigned as an opinion writer for the New York Times
in July 2020, in a 1,500-word open letter in which she described
being the subject of "constant bullying" by colleagues who
disagreed with her views.
In 2022, she founded her new media company on a credo of
"honesty, doggedness, and fierce independence."
Major media and tech companies are now controlled by
supporters of President Donald Trump or billionaire business
leaders who lined up behind him during his inauguration, donated
to his inaugural fund or visited the White House with gifts.
The Free Press has earned a reputation for challenging
conventional narratives.
Notable articles include a first-person essay from a
then-senior editor at NPR, who accused the public radio network
of liberal bias that cost it listeners' trust.
Another offered a whistleblower account of the Washington
University Transgender Center at the St. Louis Children's
Hospital, where it reported vulnerable teenagers with mental
health problems rushed into life-altering treatments.
The son of longtime Trump supporter Larry Ellison, David
Ellison, helped secure regulatory approval for his company
Skydance Media to buy Paramount, with the promise that the CBS
network would reflect "a diversity of viewpoints from across the
political and ideological spectrum," according to a statement
from Federal Communications Commission Chairman Brendan Carr
announcing the deal.
Prior to the deal, Paramount paid $16 million to settle a
2024 lawsuit Trump filed over a "60 Minutes" interview with
former Vice President Kamala Harris, which he claimed gave a
distorted view of his rival for the White House.
The FCC has said the settlement and regulatory review were
unrelated. In early September, the company announced the
appointment of its new ombudsman, Kenneth Weinstein, a former
president and CEO of the conservative Hudson Institute.