By Dawn Chmielewski
LOS ANGELES, CALIFORNIA (Reuters) -Paramount Skydance 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.
The companies did not disclose the deal value in their announcement on Monday. The Wall Street Journal reported it was for $150 million.
The announcement 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, according to media reports.
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