Top News:
Sara Fischer / Axios:
Paramount acquires Bari Weiss' The Free Press for $150M; Weiss will become CBS News EIC and report to David Ellison, not CBS News President Tom Cibrowski — Paramount Skydance has acquired The Free Press, a digital media outlet founded by former New York Times writer and editor Bari Weiss, the companies said Monday.
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Joe Flint / Wall Street Journal:
Bari Weiss says she aims for “news that reflects reality”; David Ellison says CBS will speak to the 70% that “define themselves at center-left to center-right” — Weiss to take control of CBS News's editorial vision, aiming for ‘news that reflects reality’
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Bari Weiss / The Free Press:
Bari Weiss says The Free Press will remain independent and she will continue to lead it as CEO and editor-in-chief, as she becomes CBS News EIC — We've sent more than 4,000 emails since we started The Free Press five years ago. This one is different. — We're a news organization …
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Alexandra Steigrad / New York Post:
Sources: The Free Press hires Adam Rubenstein, who edited Sen. Tom Cotton's controversial “Send in the Troops” NYT op-ed in June 2020, as its deputy editor — CBS News has tapped Adam Rubenstein — the conservative journalist who claimed in a viral essay that he was ostracized …
Jessica Testa / New York Times:
Bari Weiss' appointment as CBS News editor-in-chief is an acknowledgment of her professional ascension in the five years since leaving the NYT — “I'm a newspaper woman without a newspaper,” Bari Weiss said four years ago on the first episode of her podcast, “Honestly.”
Justin Baragona / The Independent:
Sources at CBS News say newsroom morale is extremely low ahead of Bari Weiss' arrival, and employees worry about her lack of experience as layoffs loom
Sources at CBS News say newsroom morale is extremely low ahead of Bari Weiss' arrival, and employees worry about her lack of experience as layoffs loom
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Tom Jones / Poynter:
MSNBC splits off from NBC News to establish its own independent newsgathering operation across the US, after more than 29 years of association with NBC News — The new network's 10 core principles emphasize fairness, accuracy, transparency and firm limits on AI … Today is a groundbreaking day at MSNBC.
Discussion:
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Max Tani / Semafor:
Catherine Rampell, a former WaPo columnist who left amid the paper's editorial upheaval, joins The Bulwark to write a weekly economics and policy newsletter — The News — A high-profile columnist who left The Washington Post amid the paper's ongoing editorial upheaval is joining a growing anti-Trump digital news startup.
Alex Weprin / The Hollywood Reporter:
Instagram launches Rings, an awards program recognizing 25 top creators; the judging panel includes Spike Lee, designer Marc Jacobs, and Adam Mosseri — Spike Lee, Marc Jacobs and Instagram head Adam Mosseri will be among the judges of the Rings program, which will honor the platform's top creators …
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Josephine Walker / Axios:
A coalition of Chicago journalists, news associations, and others sue President Trump and top officials, alleging repeated 1A violations at an ICE facility — A coalition of Chicago journalists, organizations and protesters sued President Trump and top administration officials over federal agents' …
New York Times:
The DOJ and Google wrap up a two-week remedies hearing in the US v. Google ad tech trial; both sides will offer closing arguments in November — The Justice Department and Google wrapped up a two-week hearing that could have a major effect on online advertising.
Charlotte Tobitt / Press Gazette:
Swedish news giant Bonnier takes a majority stake in Danish digital outlet Zetland, which has 70,000 members, with subscriptions making up 80%+ of revenue — Zetland has 70,000 members paying for long-form digital journalism. — Swedish news giant Bonnier News has taken a majority stake …
Kerry Flynn / Axios:
American Express launches Amex Ads, a commerce media platform to let brands buy display ads on Amex-owned sites; the ad platform is separate from Amex Offers — American Express has formally stepped into the booming commerce media industry with the launch of Amex Ads, executives exclusively tell Axios.
Discussion:
@kerrymflynn, Adweek, Marketing Dive, Kerry Flynn on LinkedIn and Brand Innovators
