The Sun Valley conference could be responsible for another notable media agreement.
This time, the New York Times reported on Friday that the CEO of Skydance, David Ellison, had “early discussions” with the co-founder and editor-in-chief of Free Press Bari Weiss about the acquisition of the digital media company; Weiss and Ellison are currently attending the conference in force in Idaho.
Allen & Company, the investment company behind the conference, is a free press shareholder, noted the Times.
The representatives of the Free Press did not immediately respond to Thewrap, while the representatives of Skydance refused to comment.
Weiss co -founded the Free Press with his wife, Nellie Bowles, in 2021 after leaving the New York Times. The free press boasts that it publishes “investigation stories and provocative comments”, mainly focused on policy and social issues; The New York based point of sale also offers video content and podcasts.
Under the stewardship of Weiss, the free press quickly became a formidable media company, the point of sale exceeding 136,000 subscribers paid by the end of 2024; A subscription costs $ 8 per month.
The Sun Valley Conference historically welcomed the wheels and transactions of the media and technology industry, serving as a transactions launch such as Disney’s acquisition of Disney in 1995 of the decision of ABC and Comcast for the purchase of the Washington Post in 2013, it would also be influenced by the conversations of the annual conference.
The New York Times also noted that a press agreement without hooves is “far from being sure” and stressed that Ellison is currently working on the merger of Skydance with Paramount.
