Skydance in early talks to acquire Bari Weiss's Free Press
NYTIMES.COM
buyout
SUMMARY

David Ellison, CEO of Skydance, is in early talks to acquire The Free Press, founded by Bari Weiss. Skydance is focused on merging with Paramount, the parent company of CBS News.

Weiss prefers to keep The Free Press as an independent entity for now. Both are attending the Allen & Company conference, known for deal-making. The Free Press has over 30 investors and has gained attention from other media owners seeking advice.

Ellison’s discussions with Weiss may involve her influencing CBS News' editorial direction, though a managerial role isn't likely.

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