Paramount Skydance has finalized the acquisition of The Free Press, a digital publication co-founded by Bari Weiss, for $150 million. Weiss, who previously worked at The New York Times, will now serve as the editor-in-chief of CBS News. The Free Press boasts 1.5 million subscribers, with over 170,000 paid subscriptions. This acquisition aligns with Paramount's strategy to bolster its media presence and navigate recent political controversies, including a $16 million settlement with Donald Trump. CEO David Ellison emphasized the need for respectful dialogue in media, aiming to restore trust and open exchange of ideas. Weiss expressed her commitment to understanding CBS News staff and enhancing the organization's credibility. The acquisition follows a series of strategic moves by Paramount, including significant media rights deals and key hires to strengthen its leadership and focus on technological advancements.