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Paramount Skydance has acquired The Free Press, an online news outlet co-founded by Bari Weiss. Weiss will now serve as editor-in-chief of CBS News, a move spearheaded by Skydance chief David Ellison as part of a broader strategy to reshape Paramount's news operations following an $8 billion acquisition. The Free Press, known for its heterodox commentary, brings a substantial subscriber base and subscription revenue to the newly formed entity. This acquisition aims to inject fresh editorial vision and modernize CBS News's connection with its audience.

Prepared by Christopher Adams and reviewed by editorial team.