Skydance reportedly in early talks to buy Bari Weiss’ The Free Press
Skydance CEO in Talks to Buy The Free Press
Skydance CEO David Ellison is reportedly in discussions with Bari Weiss to acquire her online news site The Free Press. This has led to speculation that he may be looking to bring Weiss, a right-of-center voice, to CBS News once the merger between Skydance and Paramount is finalized.
The talks between Ellison and Weiss are still in the early stages, according to a source familiar with the matter.
Both Ellison and Weiss were seen at the Allen & Co. conference in Sun Valley, Idaho, where discussions about a potential sale took place. The annual conference is known for being a hub for deal-making among billionaires.
Reports indicate that Allen & Co. is a shareholder in The Free Press, along with other notable investors such as Marc Andreessen, David Sacks, and Howard Schultz. Ellison and Weiss have explored various collaborations, including a role for Weiss in shaping CBS News’ editorial direction.
While Skydance declined to comment on the matter, Weiss has not responded to requests for comment.
Implications of the Potential Acquisition
Ellison has been reportedly trying to bring Weiss on board at CBS News for some time now. The ongoing talks come as Skydance awaits approval for its merger with Paramount Global from the FCC.
The deal has faced delays due to investigations into CBS News’ alleged liberal bias and Diversity, Equity, and Inclusion initiatives. Recent legal issues, including a settlement with President Trump over a “60 Minutes” interview, have added complexity to the situation.
Despite the potential addition of Weiss, concerns remain about CBS News’ direction and culture. The network has seen a series of changes in leadership in recent years, indicating a challenging environment for new executives.
Weiss, known for her departure from The New York Times due to ideological differences, founded The Free Press as an alternative to left-leaning outlets. The publication focuses on presenting a “common sense” perspective on various issues.
The Free Press has gained traction with its coverage of topics like antisemitism, transgender rights, and media bias. Weiss has also launched podcast series and events to engage with a wide audience.
With a growing subscriber base and a focus on diverse viewpoints, The Free Press continues to expand its reach and influence in the media landscape.
