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Greetings from Los Angeles, and welcome back to In the Room. I’m told CBS News staffers
are buzzing over a forthcoming New Yorker article on Bari Weiss, which they anticipate will be very critical. Producers and on-air talent spoke to The New Yorker’s Clare Malone for the story. I’m told Bari did not participate on the record, which presumably means there won’t be scenes of her deadlifting at the gym, saying, “Wendy McMahon couldn’t do this shit…”
In tonight’s issue, news and notes on the
latest scandalette at CBS News, which revolves around the emergence of a mocked-up Evening News set featuring some gnarly sponcon. No, Jack Daniel’s isn’t sponsoring the show, but Bari’s troops also can’t blame all the world’s problems on their new boss.
🍸 Plus, on the latest episode of The Grill Room, Axios co-founder and C.E.O. Jim VandeHei returned with hot takes on the media’s trust deficit, the imperative to serve hypertargeted audiences,
and how A.I. is writing journalism’s next chapter. Jim also delivered a characteristically blunt assessment of The Washington Post and offered a spirited defense of Bari’s early tenure at CBS News. Follow The Grill Room on Apple, Spotify,
or wherever you prefer to listen.
Also mentioned in this issue: Michael Rubin, Michael Ratner, Tom Brady, Tony Dokoupil, John Dickerson, Maurice DuBois, Nikki Glaser, David Letterman, George Clooney, Anna
Palmer, John Harris, Peter Canellos, Mike Zapler, Michael Schaffer, Stephen Colbert, Chuck Todd, and many more…
But first…
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‘Evening News’ blues: Tony Dokoupil’s CBS Evening News is off to an inauspicious start amid sagging ratings and unrelenting negative press. Most trades have highlighted the show’s 23 percent year-over-year ratings declines in Week 1, though in truth that’s an apples-to-oranges comparison—different time, different news cycle. The more damning data point is that the show fell from 4.4 million viewers for Tony’s clumsy debut last Monday to just 3.9 million three
nights later. Previous producers had vowed to self-defenestrate if the show ever fell below 4 million, which it started to do under John Dickerson and Maurice DuBois.
Meanwhile, the criticism of Bari Weiss’s chaotic overhaul has now gone mainstream, with Nikki Glaser ribbing “See B.S. News” during the Golden
Globes—on CBS, no less—and David Letterman bemoaning the way his old network had been “trampled on, pissed on, and eviscerated by these idiots that have taken it over.” Bari doesn’t put much stock in her Hollywood haters—recall her tiff with George Clooney—but at a certain point it becomes impossible to drown this noise out. Sure, this crowd hates on Fox News, too. But Fox rates. (Pull up a barstool for more on the latest from the Bari and Tony show in
tonight’s main event below.) - Journal moves: WSJ. magazine editor-in-chief Sarah Ball is expanding her duties and will oversee features for the Journal. She replaces veteran features editor Mike Miller, who is leaving the paper after 42 years. The move comes amid a broader, ongoing reorganization of the paper under editor Emma Tucker, which is geared toward organizing coverage
around themes rather than the print categories that have long defined the paper. In a memo, Emma said Sarah had “transformed the magazine into an authority on style, culture, and entertainment,” and was thus “the ideal leader to integrate our coverage and elevate our storytelling across all platforms.”
- Punchbowl M&A: Punchbowl founders Jake Sherman, Anna Palmer, and John Bresnahan sent a note
to the company’s investors this week highlighting various achievements and goals on the occasion of its five-year anniversary. Two notable details within: First, they said Punchbowl has been profitable every year of its existence, with 30 percent annual growth and 30 percent profit margins. Given that it did $10 million in revenue in its first year, back-of-the-napkin math suggests they’re now approaching $30 million in annual revenue.
Second, and more intriguingly, the founders said they
are “very interested in M&A” and that “there are a number of companies in D.C. that would be a natural fit for Punchbowl News.” Of course, as I reported last week, Punchbowl itself has been the subject of a lot of investor interest in recent months, even though the founders say they’re not currently interested in selling. - Politico
cuts: Politico laid off around 30 employees this week, or 3 percent of its overall staff, and offered voluntary buyouts to others. In a characteristically ruminative email, top editor and paterfamilias John Harris said the cuts were necessary to keep Politico in the “elite group” of journalistic organizations that have “a strong sense of who they are and how they deliver distinctive value to their audiences.” Those affected include veteran Politicos Peter
Canellos, Mike Zapler, and Michael Schaffer.
- Rubin goes Hollywood: Fanatics C.E.O. Michael Rubin is getting into the content game with the launch of Fanatics Studios, a new production outfit in partnership with Michael Ratner’s OBB Media. The duo already have an impressive list of projects: They’ll produce the official film for the Los Angeles 2028 Summer Olympics and
co-produce the forthcoming ESPYs broadcast, a 2026 World Baseball Classic docuseries, and a Tom Brady–related project. (Those interested in further details can catch Ratner’s discussion with my partner John Ourand on his Varsity podcast this week. Listen to it on Spotify here and on Apple
here.)
This isn’t a major 30 for 30–style undertaking, but it will give Rubin a chance to leverage his extensive relationships with athletes, leagues, and media partners to create owned I.P. and further diversify his powerhouse merchandise and collectibles business. And it’ll probably help generate some
goodwill among those partners, too. So, why not? - And finally… Did you read the one about the young journalists who bought the Gourmet domain after Condé Nast neglected to renew their trademark rights? Fun story, though I do wish they’d done a better job with the branding. As one close friend
observed, it’s “so current that it’s already passé.”
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The sponcon set dressing at Evening News provoked predictable outcry at
the House of Bari. But are brand partners in TV news just an inevitability at this point?
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In recent days, set designers at CBS News have mocked up a backdrop for Evening News that
transforms the studio into a dimly lit, mahogany-lined bar, complete with high-backed stools and shelves crowded with crystal decanters and unlabeled whiskey bottles. On one wall, there’s a massive sign that reads, “Whiskey Fridays with Tony Dokoupil,” the show’s new anchor. On the adjacent wall, there’s a “Sponsored By” message above the iconic Victorian-era Jack Daniel’s medallion. This week, the tacky photos of the mock-up leaked to Prem Thakker, a reporter
at Zeteo, who published them on X.
It’s not exactly clear what Bari Weiss & Co. are trying to manifest here, though it’s also not hard to imagine. A CBS News spokesperson told me that this was “an experimental
mock-up” for a non-televised, in-person event, and Jack Daniel’s parentco Brown-Forman issued a statement saying they had no existing or planned sponsorship deals with CBS. Nevertheless, a well-placed CBS News source described it as “an audience engagement idea,” wherein Tony would “engage directly with viewers in person after the show on Fridays,” and also said that there might be some “interaction” with the branding during the show’s final block, suggesting there’s interest in having a
corporate sponsor underwrite a portion of the broadcast.
Anyway, with all the drama engulfing CBS News in its early Bari era, and all the mockery of Dokoupil’s troubled debut, the photos invited predictable ridicule. The same staffers who reliably bemoan the delta between Cronkite’s broadcast (he signed off nearly half a century ago, guys!)
and its more recent iterations (all stuck in third place) are unsurprisingly anxious. Such overt corporate sponsorship is, they say, a violation of the basic principles of journalism and undermines the brand’s integrity. “At this point, how about whiskey every day?” one network insider quipped.
Despite all the handwringing, the mock-up may prove prescient. The rest of the television industry migrated toward more sponsorship-driven models long ago, most notably in sports programming, like
ESPN’s College GameDay Built by The Home Depot and Kia NBA Countdown. Morning shows like Today and Good Morning America feature sponsored segments with carefully curated product recommendations. And for a time, Starbucks was the official coffee of Morning Joe. In newer formats, news-adjacent podcasts and YouTube-based shows depend on corporate sponsors who pay to have the shows’ hosts attest to the benefits of a car or mattress in the first
person.
Younger generations won’t remember this, but television news has its roots in this model, too. In the 1950s, Cronkite’s own See It Now was sponsored by the Alcoa aluminum company. At NBC, John Cameron Swayze hosted the Camel cigarettes–sponsored Camel News Caravan while lighting up on-air. Those relationships crumbled under the weight of editorial anxiety, regulatory force, and changing network economics. As television news matured, journalists
grew uneasy with the idea that a single corporate benefactor might hold even implicit leverage over editorial judgment. At the same time, broadcasters evolved away from single underwriters and embraced a magazine-style advertising model with many sponsors, insulating them from the perception of sponsor pressure and formalizing the “church and state” separation between editorial and business.
That separation is sure to be stress-tested by new economic demands. As you may have heard,
television news is in inexorable decline, and even a better crop of newsroom leaders would be hard-pressed to reverse the viewership drought driven by the migration away from linear television. In Dokoupil’s first week on the Evening News, viewership declined from 4.4 million on Monday to 3.9 million on Thursday. On average, the show was down 23 percent year over year. To date, advertisers have continued to pay higher prices to reach fewer viewers, but at some point, the broadcasters
will need to provide greater incentives.
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Is this such a bad thing? Historically, most news anchors have been impervious to advertiser
influence—though I suppose a garish Jack Daniel’s sponsorship might preclude a segment on declining alcohol consumption rates in light of health concerns. In an ideal world, an anchor would exhibit the same deference toward corporate sponsors that Stephen Colbert does when he openly mocks his own.
Of course, in this world, Tony’s boss canceled Colbert’s show. And Tony’s already-demonstrated malleability under Bari when it comes to his coverage of the
Trump administration doesn’t inspire barrels of confidence here. As you’ve also probably heard, his interview with the president this week didn’t feature much pushback.
Anyway, the Jack Daniel’s segment, or something like it, is starting to feel inevitable. Several years ago, when he was still the moderator of Meet the Press, Chuck Todd quietly suggested to me that the future of television news would rely on the sort of in-show sponsorship deals
that were a feature of sports media. It seemed like anathema then—less so now. “Legacy media is simply catching up to the indie/digital space. Funny how the tail now wags the legacy media dog,” Chuck texted me this week. “And, ironically, everything old is new again.”
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The industry’s go-to source for unflinching reporting on the trillion-dollar business of artificial intelligence -
perhaps the single most important technology of our time. Ian Krietzberg, the powerhouse journalist behind The Deep View, delivers twice-weekly insights into the latest dealmaking and breakthroughs in A.I., and how the intersecting worlds of finance, entertainment, media, and politics are being transformed in its wake.
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Puck sports correspondent John Ourand and a rotating cast of industry insiders take you inside the executive suites
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