Paramount on Wednesday was expected to cut 1,000 employees, the first wave of a deep staff reduction planned since David Ellison took the helm of the entertainment company in August.
People familiar with the matter but not authorized to comment said the layoffs will be felt throughout the company, including at CBS, CBS News, Comedy Central and other cable channels as well as the historic Melrose Avenue film studio.
Another 1,000 jobs are expected to be cut at a later date, bringing the total reduction to about 10% of Paramount’s workforce, sources said.
The move was expected. Paramount’s new owners — Ellison’s Skydance Media and RedBird Capital Partners — had told investors they planned to eliminate more than $2 billion in expenses, and Wednesday’s workforce reduction was a preliminary step toward that goal.
Paramount has been shedding staff for years.
More than 800 people — or about 3.5% of the company’s workforce — were laid off in June, prior to the Ellison family takeover. At the time, Paramount’s management attributed the cuts to the decline of cable television subscriptions and an increased emphasis on bulking up its streaming TV business. In 2024, the company eliminated 2,000 positions, or 15% of its staff.
The Paramount layoffs are the latest sign of contraction across the entertainment and tech sectors.
Amazon said this week it was eliminating roughly 14,000 corporate jobs amid its embrace of artificial intelligence to perform more functions. Last week, Facebook parent company Meta disclosed that it was cutting 600 jobs in its AI division.
Last week, cable and broadband provider Charter Corp., which operates the Spectrum service, eliminated 1,200 management jobs around the country.
Los Angeles’ production economy in particular has been roiled by a falloff in local filming and cost-cutting at major media companies.
As of August, about 112,000 people were employed in the Los Angeles region’s motion picture and sound recording industries — the main category for film and television production. The data does not include everyone who works in the entertainment industry, such as those who work as independent contractors.
That was roughly flat compared with the previous year, and down 27% compared with 2022 levels, when about 154,000 people were employed locally in the industry, according to data from the U.S. Bureau of Labor Statistics.
The industry has struggled to rebound since the 2023 strikes by writers and actors, which led to a sharp pullback in studio spending following the era of so-called “peak TV,” when studios dramatically increased the pipeline of shows to build streaming platforms.
“You saw a considerable drop-off from the strikes and the aftermath,” said Kevin Klowden, an executive director at Milken Institute Finance. “The question is, at what point do these workers exit the industry entirely?”
Local film industry officials are expecting a production boost and an increase in work after California bolstered its film and television tax credits.
But Southern California’s bedrock industry is confronting other challenges, including shifting consumer habits and competition from social media platforms like YouTube and TikTok.
“There is a larger concern in terms of the financial health of all the major operations in Hollywood,” Klowden said. “There’s a real concern about that level of competition, and what it means.”
Paramount has acquired The Free Press, a four-year-old digital news platform, and will make its co-founder Bari Weiss editor-in-chief of CBS News, the company announced Monday.
The official announcement came after months of speculation on the deal and Weiss’ high profile role within the news division. Weiss, 41, will report to Paramount Chief Executive David Ellison, who personally courted the former New York Times journalist.
“We are thrilled to welcome Bari and The Free Press to Paramount and CBS News. Bari is a proven champion of independent, principled journalism, and I am confident her entrepreneurial drive and editorial vision will invigorate CBS News,” Ellison said in a statement. “This move is part of Paramount’s bigger vision to modernize content and the way it connects — directly and passionately — to audiences around the world.”
Paramount said Weiss will “shape editorial policies, champion core values across platforms and lead innovation in how the organization reports and delivers the news.”
The union of The Free Press and CBS News will be one of the most closely watched lab experiments in the modern media era. Weiss has no experience in television or running an editorial operation on the scale of CBS News, which has more than 1,000 employees.
Paramount is paying around $150 million in cash and stock for The Free Press, a feisty, upstart operation that generated attention through opinion pieces and podcasts with a strong point of view. Its favorite targets are the excesses of progressive left and purveyors of so-called “woke” policies.
CBS News is a traditional mass appeal network TV operation with a proud legacy of journalistic excellence and the home of popular franchises “60 Minutes” and “CBS Sunday Morning.” But the division has struggled to deal with the shifts in audience habits brought about by streaming video and social media.
Weiss is a provocateur who famously resigned from her high profile role in the opinion section of the New York Times in 2020, citing bullying by her colleagues and a hostile work environment as the reasons.
Weiss acknowledged the division’s legacy in a note sent to CBS News staffers after her appointment was announced.
“Growing up, CBS was a deep family tradition,” Weiss said. “Whenever i hear the tick, tick, tick or that trumpet fanfare, it sends me right back to our den in Pittsburgh. The opportunity to build on that legacy — and to renew it in an era that so desperately needs it — is an extraordinary privilege.”
Weiss also ascends at a time when Trump has threatened news operations with lawsuits and regulatory action, such as pulling station TV licenses over what he believes is unfair criticism of him and his administration. Paramount agreed to pay $16 million to settle a Trump lawsuit making the dubious claim that a “60 Minutes” interview with Kamala Harris was deceptively edited to aid her 2024 presidential election campaign against him.
CBS News has never had an executive with the title editor-in-chief before naming Weiss to the role. It still has a president — Tom Cibrowski — a former ABC News executive hired earlier this year who will remain in his role and continue to report to to Paramount TV Media President George Cheeks.
In her note, Weiss told her staffers her goal in the coming weeks is to learn “what’s working and what isn’t, and your thoughts on how we can make CBS News the most trusted news organization in America and the world. I’ll approach it the way any reporter would — with an open mind, a fresh notebook, and an urgent deadline.”
The Free Press, which has around 170,000 paid subscribers, will continue as its own independent brand, with its own podcasts and live events business.
CBS News will learn a lot about its future next week when Bari Weiss, founder of the upstart news site the Free Press, is expected to enter the hallowed halls where Walter Cronkite and Mike Wallace once roamed.
Weiss, 41, is joining CBS News in a new role of editor in chief, according to people familiar with the discussions who were not authorized to comment publicly. The appointment could be announced as soon as Monday.
David Ellison, 42, chairman and chief executive of CBS-owner Paramount, approached Weiss months ago, part of his campaign to shake things up. She will report to Ellison and work alongside CBS News President Tom Cibrowski, who joined the network in February.
Under the deal, Paramount has agreed to buy Weiss’ four-year-old digital media business, which offers newsletters, reported pieces, podcasts, and what it calls “sense-making columns,” for around $150 million in cash and stock. For months, her anticipated arrival at CBS News, an aging pillar of the press establishment, has been a hot topic in the news business.
The rapid rise of Weiss — a former newspaper opinion page staff editor — to a major role in shaping the coverage of a TV news organization with no previous experience in the medium is an extraordinary move that is likely to be highly scrutinized.
Will she remold the news division — which has been beset by management turnover and sustained pressure from President Trump — in her image? There will also be questions as to whether the founder of a relatively lean digital operation such as the Free Press will have a leadership role at a legacy TV news organization with more than 1,000 employees.
A shake-up is clearly on the agenda of new Paramount owner Skydance Media. When the company went through regulatory approval to complete its $8-billion merger, Federal Communications Chairman Brendan Carr said he welcomes Skydance’’s “commitment to make significant changes to the once storied CBS broadcast network.”
In order to clear a path for the deal, Paramount paid $16 million to settle Trump’s $20-billion lawsuit — deemed by legal experts to be spurious — over an interview he claimed was edited to help then-Vice President Kamala Harris, his opponent in the 2024 election. He has left the network alone ever since.
Skydance and the Free Press did not comment on the expected appointment of Weiss. When asked in August about her joining the network, Ellison — son of Oracle co-founder and Trump ally Larry Ellison — focused on how he wants the news division to speak to what he views as the 70% of Americans who consider themselves center left or center right politically.
In a crowded sea of political and cultural pundits, Weiss found her own lane as a gay Jewish woman who attacked what she called the excesses of the political left, often saying it was intolerant of opposing viewpoints. She called herself “a diversity hire” at the New York Times’ reliably liberal opinion section and gained a following through her appearances on HBO’s “Real Time With Bill Maher.”
When she quit the New York Times in 2020, she accused her former employer of failing to protect her from internal criticism by her colleagues. Her public resignation letter was shared on social media by Donald Trump Jr. and Sen. Ted Cruz (R-Texas), who used it to advance their case of institutional liberal bias in the media.
Described as a confident and skilled communicator, Weiss used her notoriety to attract investors for the Free Press, a digital media business offering newsletters, reported stories, opinion pieces and podcasts. Launched in 2021, it now ranks as the No. 1 best-selling politics platform on Substack.
The Free Press has made itself heard in the national conversation. A treatise on the left-wing leanings of NPR, written by a longtime editor at the radio service, generated massive attention and likely helped set the stage for eliminating federal funding to public media.
Last year, the Free Press also broke the story over the internal CBS News controversy surrounding “CBS Mornings” co-host Tony Dokoupil‘s aggressive questioning of author Ta-Nehisi Coates, who compared Israel’s treatment of Palestinians in the West Bank to the Jim Crow era of segregation in the U.S.
Dokoupil said Coates’ book on the Israeli-Palestinian conflict “would not be out of place in the backpack of an extremist.” After some staffers complained, Dokoupil was admonished by CBS News leadership on an editorial call that the Free Press posted online.
Weiss is extremely popular among corporate executives disdainful of high taxes and big government. Finance and private equity executives rave about Free Press missives against purportedly “woke” attitudes and DEI initiatives that they believe have made it more difficult to do business.
Newsrooms are typically suspicious of outsiders and change has never come easy at CBS News, which has a culture steeped in its storied past.
“A place like CBS News is so rooted in its traditions and in what it believes in,” said Tom Bettag, a veteran network news producer who is a lecturer for the Philip Merrill College of Journalism at the University of Maryland. “It’s got its own theology and an outsider has to win the confidence of the people inside.”
Even like-minded conservative commentators such as Megyn Kelly suggested that Weiss might face challenges in navigating such an entrenched institution.
“I’m worried they’re going to eat her alive, because CBS is among the worst when it comes to being insular,” Kelly said on her Sirius XM podcast last month. “Like you have to be raised by CBS to be respected by CBS people.”
A number of veterans inside CBS News who were not authorized to speak publicly said they have a wait-and-see attitude over the pending Weiss appointment, as they are uncertain on what her role will entail. They don’t believe Weiss will want to deal with day-to-day news coverage decisions such as how many correspondents and technical crews to send to cover a natural disaster.
David Ellison, Paramount Skydance chief executive officer
(Paramount/Skydance)
Having an opinion journalist in a leadership role may not sit well among a number of staffers. But with layoffs sweeping through the TV news business, an employee exodus predicted in some reports appears unlikely, according to one former CBS News executive.
One possible source of tension may be in international coverage, primarily the war in Gaza, which has been the subject of internal debate in many newsrooms.
Weiss, who once belonged to the Tree of Life Synagogue in Pittsburgh that was the site of a shooting massacre in 2018, is a staunch Israel supporter. She’s joining a company that, led by its new management, was the only studio to push back against a campaign gathering steam among Hollywood progressives to boycott Israeli film festivals and organizations.
But ideological newsroom flare-ups that spill into public view are rare. Managing a network TV news division largely consists of keeping an eye on costs, ratings and maintaining a pipeline of stories for dozens of hours of scheduled programming each week.
Despite its well-documented troubles, CBS still has two of the most successful news programs on television in “60 Minutes” and “CBS Sunday Morning.”
Even after the gauntlet “60 Minutes” went through earlier this year, viewers showed up when it returned for its 58th season Sunday with a season premiere that drew 10 million viewers, making it the most-watched non-sports show of the week, according to Nielsen data.
Bettag noted that even though former Paramount majority shareholder Shari Redstone was updated on “60 Minutes” stories amid the legal battle earlier this year, he believes the program retained its editorial rigor and independence.
“If anything, it stiffened spines,” Bettag said.
“CBS Sunday Morning” remains the most watched weekend morning program and increased its share of the TV audience last season, averaging close to 5 million viewers weekly.
While those two programs still attract large, loyal audiences, CBS News is faced with declining ratings and revenue, as viewers continue to move away from traditional TV to digital video offerings. CBS News has long operated a 24-hour streaming channel, but it doesn’t attract the same audience levels or ad rates as the network.
The CBS Broadcast Center in New York City on April 20, 2023.
(Ted Shaffrey / Associated Press)
CBS News also has to regain the trust of the audience that has listened to right-wing pundits pound away at the credibility of mainstream press.
It’s hardly a new development as conservative North Carolina Sen. Jesse Helms tried to lead a takeover CBS in the mid-1980s so he could “become Dan Rather’s boss.” But social media have amplified those bias allegations, driving MAGA-supporting viewers to Fox News and other conservative-leaning outlets.
Bettag believes CBS News has to do a better job of getting the public to understand the editorial process and how it strives for accuracy and fairness to counter the right-wing narrative of media bias.
“If Bari Weiss can come in and explain what they’re doing and why they’re doing it then I think she can be successful,” he said.
Veteran TV news executives warn that any overt attempt to woo disaffected conservatives risks alienating the millions of viewers who are still watching CBS News programs. CNN’s attempt to try to cater to right-leaning consumers — at the behest of parent company Warner Bros. Discovery — led to a decline in audience that has not bounced back.
One idea circulating at Paramount is having the Free Press remain as an independent entity within the company, providing contributors and commentators to its special coverage, the Sunday round table program “Face the Nation” and streaming channel.
While the Free Press has been embraced by conservatives, Weiss has been fluid in her political leanings, at least in the voting booth. Her recent votes for president were Mitt Romney in 2012, Hillary Clinton in 2016 and Joe Biden in 2020.
In a video posted last fall, Weiss said the Free Press staff was split three ways between Trump, Harris and undecided in their 2024 vote. She called it a reflection of the nation.
Weiss is pro abortion rights and favors pro-gun control and LGBTQ rights (Weiss is married to Nellie Bowles, a former New York Times journalist who also works at the Free Press).
She has said she was among the many who cried at their desks when Trump was first elected in 2016. But she told Fox News in early 2024 that her view of the president had moderated since, as she approved of his handling of Israel and the economy during his first term.
“I’m the first to admit that I was a sufferer of what conservatives at the time would have called TDS, Trump Derangement Syndrome,” Weiss said.
But the Free Press does not give Trump a free pass as other right-wing outlets have. One of the current lead stories on the site is a highly critical take on Defense Secretary Pete Hegseth’s speech on warrior ethos given to military leadership on Tuesday.
Staff writer Meg James contributed to this report.
Paramount has named Kenneth R. Weinstein, former head of a conservative-leaning Washington think tank, to be ombudsman for CBS News, fulfilling a condition of winning the Trump administration’s approval for an $8-billion merger.
The company announced Monday “that complaints from consumers, employees and others” about CBS News stories will go to Weinstein, who will help determine if remedial action is necessary.
Weinstein, who served as president and chief executive of the Hudson Institute, will report to Jeff Shell, who is president of Paramount under new owner and CEO David Ellison.
Weinstein will address complaints about news coverage in consultation with Shell, CBS President and CEO George Cheeks and CBS News Executive Editor Tom Cibrowski.
Paramount buyer Skydance Media agreed to appoint an ombudsman in order to get regulatory clearance for its acquisition of the media company, which closed in August.
The Federal Communications Commission said Skydance agreed to commit to “viewpoint diversity, nondiscrimination and enhanced localism” in its news coverage when the agency announced its approval of the deal.
“Americans no longer trust the legacy national news media to report fully, accurately, and fairly. It is time for a change,” FCC Chairman Brendan Carr said in a statement at the time of the approval. “That is why I welcome Skydance’s commitment to make significant changes at the once storied CBS broadcast network.”
Under Skydance’s ownership, CBS News has already shown a willingness to respond to Trump White House beefs with its coverage. On Friday the division announced a new policy for its Washington public affairs program “Face the Nation,” which will no longer edit taped interviews.
The policy shift came after U.S. Department of Homeland Security Secretary Kristi Noem complained that her Aug. 31 “Face the Nation” interview, which was trimmed for time, deleted harsh allegations against Kilmar Abrego Garcia, the Maryland man wrongly deported to his native El Salvador. He was returned to the U.S., where he faces deportation efforts.
In addition to his work at the Hudson Institute, where he still holds a chair, Weinstein served on multiple advisory boards including the United States Agency for Global Media when it was known as the Broadcasting Board of Governors. The agency, currently headed on an interim basis by Kari Lake, oversees the funding for government-run media outlets such as Voice of America.
Weinstein also holds a doctorate in government from Harvard University and has taught political theory at Georgetown University and Claremont McKenna College.
“I’ve known [Weinstein] for many years and have respect for his integrity, sound judgment and thoughtful approach to complex issues,” Shell said in a statement. “Ken brings not only a wealth of experience in media and beyond but also a calm measured perspective that makes him exceptionally well-suited to serve as our Ombudsman.”
CBS News’ “Face the Nation” will no longer edit taped interviews after U.S. Department of Homeland Security Secretary Kristi Noem complained about how her remarks were cut in her last appearance on the Washington-based program.
The news division said Friday that the Sunday show moderated by Margaret Brennan will only present interviews live or “live to tape” in which no edits are made. Exceptions will be made when classified national security information is inadvertently stated or language is used that violates Federal Communications Commission broadcast standards.
“In response to audience feedback over the past week, we have implemented a new policy for greater transparency in our interviews,” a CBS News representative said in a statement. “This extra measure means the television audience will see the full, unedited interview on CBS and we will continue our practice of posting full transcripts and the unedited video online.”
The representative declined to comment on the reason for the policy beyond the statement.
But the timing makes it clear that CBS News is reacting to Noem’s complaints following her Sunday appearance in which she discussed the case of Kilmar Abrego Garcia, the Maryland man wrongly deported to his native El Salvador. He was returned to the U.S., where he faces deportation efforts.
Noem wrote on X that “CBS shamefully edited the interview to whitewash the truth about this MS-13 gang member and the threat he poses to American public safety.”
The comments cut from the “Face the Nation” appearance were potentially defamatory. Noem said that Abrego Garcia was a member of MS-13 and that he solicited nude photos from minors.
“Even his fellow human traffickers told him to knock it off, he was so sick in what he was doing and how he was treating small children,” Noem said in the unedited version of the interview she posted on X.
The government has accused Abrego Garcia of being a member of MS-13, which he has denied. A court has described the evidence of his connection as “insufficient.”
“Face the Nation,” which has been on the air since 1954, became the focal point in a legal battle between CBS News and President Trump last year. Trump sued CBS News for $20 billion, claiming the program deceptively edited a “60 Minutes” interview with his 2024 opponent, then-Vice President Kamala Harris.
“Face the Nation” ran a clip from the interview that differed from what appeared in the “60 Minutes” broadcast, which led Trump to claim that it was changed to aid Harris and damage his election chances.
Editing interviews for clarity and time restrictions of a broadcast is a common practice in TV news. While 1st Amendment experts said CBS News had done nothing wrong, parent company Paramount settled the case for $16 million to help clear the regulatory hurdles for its merger with Skydance Media. The merger was completed Aug. 7.
The policy change regarding live interviews will likely be seen as another capitulation to Trump administration, who has shown a willingness to use legal measures to punish or attempt to silence his critics in the media. It will also pose a challenge to “Face the Nation” producers who already operate in an environment where real-time fact checking can’t always keep up with the misinformation presented by guests on the program.
CBS News is expecting additional changes as Skydance is in serious talks to acquire the Free Press, the right-leaning web-based media company founded by former New York Times opinion writer Bari Weiss.
The deal is said to be nearing completion, according to people familiar with the discussions, and would include a prominent role for Weiss at CBS News, even though she has no experience in running a TV news organization.
