Tim Pool Questions Bari Weiss's $150M Free Press Sale to CBS News
TimcastOctober 4, 202516 min101,081 views
34 connectionsΒ·29 entities in this videoβThe Free Press Acquisition and Bari Weiss's New Role
- π― Bari Weiss is reportedly set to become the top editor at CBS News as part of Paramount Sky Dance's acquisition of The Free Press for $150 million.
- π‘ The speaker expresses admiration for Weiss and The Free Press's work but calls the valuation into question, labeling it "shenanigans."
- π° Weiss founded The Free Press in 2020 after leaving The New York Times, initially launching it with funding from Mark Andrean.
Financial Valuation and Subscriber Numbers
- π° The Free Press reports having 136,000 paying subscribers with a base price of $10 per month, potentially generating significant annual revenue.
- π While The Free Press has grown and claims a valuation of $200 million, the speaker argues that a $150 million sale price is unrealistic for the reported revenue, suggesting a 10x valuation is too high for the generated income.
- π The publication's president stated they had 1.25 million overall subscribers, with nearly 155,000 paying, projecting over $15 million in annual subscription revenue.
Doubts About the Deal's Rationale
- β οΈ Concerns are raised about Weiss's lack of experience in broadcast television news leadership, despite her background in opinion journalism.
- π Website analytics for The Free Press show a global rank of 19,919 and declining country rank, with lower engagement metrics compared to CBS News.
- β The speaker questions why CBS News, a legacy network, would make such a high-value acquisition, especially amidst expected layoffs, suggesting CBS might be desperate.
Alternative Perspectives and Business Models
- π The speaker contrasts The Free Press's metrics with his own media network, Timcast, which he claims has substantially more overall subscribers and access across multiple platforms.
- π‘ One theory suggests The Free Press succeeded by offering a non-woke, moderate alternative to the perceived
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Whatβs Discussed
The Free PressBari WeissCBS NewsParamount Sky DanceMedia AcquisitionSubscription RevenueValuationTim PoolTimcast MediaNews IndustryJournalismSubstack
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