Paramount has acquired The Free Press, Bari Weiss’s Substack-born media outlet, for $150 million and appointed Weiss as editor-in-chief of CBS News. The move effectively places a conservative-leaning Substack writer at the helm of a legacy news network, following the FCC’s approval of the Skydance-Paramount merger, which required CBS to feature a broader “diversity of viewpoints from across the political and ideological spectrum.” The Verge reports: Before starting The…

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