In a landmark and deeply controversial media consolidation move, David Ellison completed the $8 billion merger of his Skydance Media with Paramount Global after Federal Communications Commission approval in July 2025 and formal completion on August 7, 2025, creating Paramount Skydance with Ellison installed as chairman and CEO. Almost immediately the new ownership began reshaping legacy news operations: Le Monde described changes at CBS News as “conservative-friendly” after Ellison purchased Bari Weiss’s outlet The Free Press, named Weiss editor-in-chief of CBS News, and placed her at the helm of a network long regarded as a mainstream advertiser and institution. Critics saw the move as an explicit political steering of a major broadcast outlet, given Ellison’s alignment with the Trump administration and his public positioning as an ally of President Donald Trump.
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