03:33 PM EDT, 09/10/2025 (MT Newswires) -- Bari Weiss, founder of digital media start-up The Free Press, is in advanced talks to assume a leadership role at CBS News, potentially as editor-in-chief or co-president, the NYT reported, citing the sources familiar with the matter.

According to the report, David Ellison, whose Skydance merged with Paramount (PSKY) in an $8 billion deal last month, is in talks to acquire Bari Weiss's media company The Free Press for more than $100 million.

The final price, which may exceed $150 million, will be a mix of cash and stock and partly depends on how long Weiss remains at Paramount, the report added.

The deal and possible leadership move point to sweeping changes at CBS News, which has come under pressure over its reporting standards, regulatory scrutiny, and recent disputes, including a settlement with President Trump.

Ellison has stressed a focus on "fact-based and truth-based" journalism, while naming Kenneth R. Weinstein to oversee the network's coverage for integrity and standards, it added.

Paramount Skydance ( PSKY ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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