Part 3/11:
The implications are staggering. If this acquisition materializes, the Ellison family could wield unprecedented influence over both legacy media and news. Notably, Larry Ellison has a history as a prominent GOP donor, which adds a layer of political intrigue to the potential control of major news outlets like CNN and CBS News, including iconic programs like 60 Minutes.
The Rumored Purchase of "The Free Press" and Its Potential Impact
Adding to the intrigue is a rumor that David Ellison aims to purchase The Free Press from Barrett Weiss for approximately $200 million. Weiss is known for her niche, independent journalism outlet, which has been growing steadily with about 136,000 paid subscribers and close to a million social media followers.