The Weekly Standard, a longtime bastion of neo-conservatism, and more recently, anti-Trumpism, was shuttered Friday by owner Clarity Media.
This comes following weeks of speculation that the 23-year-old magazine would be sold or shuttered.
Clarity Media Group, which is owned by conservative billionaire Philip Anschutz, originally gave the publication their permission to find a buyer for the struggling publication, but decided to shutter the magazine instead.
Clarity CEO Ryan McKibben said in a statement that the magazine had struggled before Trump’s election, but did not deny that the publication’s anti-Trump stance accelerated its decline.
“The Weekly Standard has been hampered by many of the same challenges that countless other magazines and newspapers across the country have been wrestling with,” he said “Despite investing significant resources into the publication, the financial performance of the publication over the last five years – with double-digit declines in its subscriber base all but one year since 2013 – made it clear that a decision had to be made.”
President Trump gleefully tweeted about the closure.
The pathetic and dishonest Weekly Standard, run by failed prognosticator Bill Kristol (who, like many others, never had a clue), is flat broke and out of business. Too bad. May it rest in peace!
— Donald J. Trump (@realDonaldTrump) December 15, 2018
In a press release, Clarity Media announced plans to increase the frequency and distribution of the Washington Examiner magazine, which is currently available only to lawmakers, decisionmakers, and others involved in D.C.’s political process. The publication will be circulated nationwide and publish 44 issues per year.