- The Washington Times - Tuesday, December 4, 2018

The Weekly Standard, founded by conservative pundits Bill Kristol and Fred Barnes in 1995, may be on its last legs.

Sources told The Daily Caller on Tuesday that funding for the magazine has dried up due to billionaire Philip Anschutz’s displeasure with its editorial direction.

“I don’t expect it to exist after December 14, 2018,” one editor told the website. “There is no budget for it AT ALL.”

One staffer said that Weekly Standard editor in chief Stephen Hayes did not know more than early reporting by CNN.

The editor also rejected rumors that publisher MediaDC would fold elements of The Weekly Standard into The Washington Examiner.

“I don’t think ‘folded’ is the right word,” the editor said. “It sounds more like [they’ll] get rid of us entirely.”

A spokesperson for Mr. Anschutz did not respond to the Daily Caller’s request for comment.

“It is no secret that news organizations across the U.S. are dealing with an evolving business landscape,” Media Group Inc., the parent company of MediaDC, said in a statement to CNN. “The Weekly Standard is dealing with these same issues. Clarity Media has been exploring a number of possibilities regarding the future of The Weekly Standard. At this time, Clarity does not have any news to share about its evaluation process.”

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