CBS owner Paramount has announced it will purchase media startup the Free Press for $150 million, with the site’s founder Bari Weiss set to become editor-in-chief of CBS News. A handsome sum for a site only founded in 2021…
Writing in the Free Press today, Weiss said of her appointment:
“As of today, I am editor-in-chief of CBS News, working with new colleagues on the programs that have impacted American culture for generations – shows like 60 Minutes and Sunday Morning – and shaping how millions of Americans read, listen, watch, and, most importantly, understand the news in the 21st century.”
Weiss is a serious operator with a sharp tongue. This may knock a few ultra-liberal noses out of joint at CBS. No bad thing…
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”