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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online
NFLX 1,119+2.7%3:59 PM EDT

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From: S. maltophilia10/6/2025 3:12:57 PM
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We'll see how this helps or hurts the news division's and the networks profits:

....In a note to her new staff on Monday, Ms. Weiss acknowledged the novelty of her position. “Right now, I imagine you have some questions,” she wrote. “I do, too.”

“I want to hear from you about what’s working, what isn’t, and your thoughts on how we can make CBS News the most trusted news organization in America and the world,” Ms. Weiss wrote. “I’ll approach it the way any reporter would — with an open mind, a fresh notebook and an urgent deadline.”

News of the deal sent texts whizzing at the CBS News Broadcast Center in Manhattan, even though it had been reported on for months. Mr. Cibrowski, the news division president, addressed Ms. Weiss’s new role on the organization’s editorial call at 9 a.m. on Monday.

Reading from notes, Mr. Cibrowski said Ms. Weiss would visit the newsroom later in the day to meet with senior editorial staff and added that she would be on the network’s morning call going forward. Mr. Cibrowski said that he had met several times with Ms. Weiss and that he was “more and more excited” about working with her, noting that Ms. Weiss would be in charge of editorial matters from now on.

The deal is a major validation for Ms. Weiss, whose Free Press has amassed more than 170,000 paying subscribers — and roughly 1.5 million readers overall — with its heterodox editorial approach and opinion columns on business, politics and international affairs.

The Free Press will continue to operate as an independent entity within Paramount, with Ms. Weiss remaining as editor in chief. The site employs more than 50 employees in offices on both coasts and has attracted some well-known journalists.

Mr. Ellison, the billionaire scion who took control of Paramount in...

nytimes.com

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