Morning Brew Daily Paramount Nears $150M Deal for "The Free Press” & Sora Takes Over the Internet
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Oct 6, 2025 A major acquisition is in the works as Paramount eyes Barry Weiss's 'Free Press' for $150 million, potentially stirring up cultural debates at CBS News. The hosts dive into the impact of a government shutdown on job data, exploring alternative indicators painting a grim labor market picture. Meanwhile, the launch of Sora's AI-generated content raises eyebrows with concerns over deepfakes and copyright issues. They also tackle restaurant trends towards smaller portions, connecting it to GLP-1 drug usage and changing consumer habits.
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Rising Long-Term Unemployment And Low Churn
- Long-term unemployment has risen to 26% of the unemployed, the highest in over three years.
- LinkedIn shows new-employer additions are about 20% below pre-pandemic rates, signaling low job churn.
CBS Eyes Substack Power With Barry Weiss Deal
- Paramount plans to buy Barry Weiss's Free Press for ~$150M and install her atop CBS News, a major cultural shift.
- The move signals legacy media chasing Substack audiences and reshaping editorial power at a 98-year network.
Substack's Influence Reshapes Legacy Media
- Substack success is shifting media influence; Weiss reportedly earns ~$15M revenue and brings a digital-native audience.
- Legacy outlets see value in buying newsletter-first followings to reach younger, digital audiences.