In a major media move, Paramount Global has officially acquired The Free Press for $150 million, marking one of the biggest mergers in independent journalism this year. As part of the deal, Bari Weiss, founder of The Free Press, has been named Editor-in-Chief of CBS News, a Paramount-owned network.
đź A Big Step for Paramount
The acquisition highlights Paramountâs growing focus on digital-first journalism and opinion-based media. Executives say the deal will bring fresh, independent voices into CBS News and help the company reach younger, online audiences.
With The Free Press now part of Paramountâs portfolio, the media giant plans to integrate its team into CBSâs digital and streaming platforms, including Paramount+ and CBS News online.
đ° Bari Weiss Takes the Helm
Bari Weiss, who launched The Free Press in 2022 after leaving The New York Times, has become one of the most recognized voices in modern journalism. Known for her commitment to free speech and balanced reporting, Weiss is expected to bring a new editorial direction to CBS News.
She will oversee both digital and broadcast operations, aiming to strengthen the networkâs credibility and transparency. In a statement, Weiss said she was âhonored to join CBS at such a critical time for journalismâ and promised to âuphold truth and independence in every story.â
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đŹ Reaction Across the Media Industry
The move has sparked mixed reactions. Supporters call it a smart investment in honest reporting, while critics question whether corporate ownership could affect editorial freedom.
Industry experts believe the partnership could reshape the future of U.S. media â blending traditional TV journalism with the independence of digital storytelling.
đ What the Deal Means for Viewers
Paramountâs $150 million purchase signals a long-term plan to expand its reach beyond entertainment. The Free Press brand will continue publishing its own stories but will now have greater access to CBS resources, video production, and global reporting networks.
For audiences, that means more diverse coverage and innovative storytelling across multiple platforms.
âFAQ
Q1: How much did Paramount pay for The Free Press?
A: Paramount acquired The Free Press for $150 million.
Q2: What is Bari Weissâs new role?
A: She has been appointed Editor-in-Chief of CBS News under Paramount.
Q3: What happens to The Free Press now?
A: It will continue operating but will be integrated into Paramountâs news and streaming platforms.
Q4: Why did Paramount make this deal?
A: To expand into independent digital journalism and reach younger, online audiences.
Q5: When did Bari Weiss found The Free Press?
A: She launched it in 2022 as a platform for free-speech-focused journalism.