Bari Weiss named editor-in-chief of CBS News
Deal reported to be $150M

LOS ANGELES, CALIFORNIA, Oct 6 (Reuters) - Paramount Skydance CEO David Ellison has named Bari Weiss editor-in-chief of CBS News, as part of a deal to acquire the online news site she founded, The Free Press.The companies did not disclose the deal value in Monday's announcement. A source familiar with the matter said it was for $150 million.