Newsbusters By Curtis Houck
Puck’s Dylan Byers dropped the bombshell Wednesday night that the rumored deal was “on the 1-yard-line” for CBS News’s parent company SkyDance to acquire former New York Times writer Bari Weiss’s indefatigable site The Free Press and grant Weiss a senior role inside CBS News.
Predictably, this has and will continue to send liberal journalists both inside the network and outside it into hissy fits that will dwarf one-time CNN boss Chris Licht’s failed desires (and orders from his superiors at Warner Bros. Discovery) to return the network to a serious news outlet and not a Trump hate factory.
Byers wrote that, for nearly a year, SkyDance boss David Ellison “has been courting” “an acquisition of The Free Press, the defiantly heterodox news and opinion media entity founded by Bari Weiss.”
“Those talks have progressed in recent days, and I am now told that the two sides have agreed in principle to a deal and lawyers are hard at work finalizing a formal agreement. David’s offer for The Free Press is expected to be well above the site’s most recent $100 million valuation, but well below the $200 million figure that was recently floated in the Financial Times,” he added.
Weiss — who quit The Times in 2020 following sustained bullying for both being Jewish and defending the publication of Senator Tom Cotton’s (R-AR) infamous op-ed — “will land…a king’s ransom just a little over five years” later and while “[t]he deal is not done yet, of course, but, as a source with knowledge of the negotiations told me this afternoon, it is ‘on the 1-yard line.’”
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