After 23 years, the conservative publication “The Weekly Standard” is shuttering its doors.
Though many help on to hope they would “make it” through a merger with the Washington Examiner, that apparently fell through:
Per source: The Weekly Standard is shutting down. No merger with the Washington Examiner.
— Jane Coaston (@cjane87) December 14, 2018
The Weekly Standard is being shut down.
— Ben Domenech (@bdomenech) December 14, 2018
Ugh. There it is. End of an era. https://t.co/NdDG69kBTd
— Lachlan Markay (@lachlan) December 14, 2018
According to the article:
The announcement came after the magazine’s editor-in-chief, Stephen Hayes, met privately with Ryan McKibben, the chairman of The Weekly Standard’s publisher, MediaDC.
“For more than twenty years The Weekly Standard has provided a valued and important perspective on political, literary and cultural issues of the day,” McKibben said in a press release. “The magazine has been home to some of the industry’s most dedicated and talented staff and I thank them for their hard work and contributions, not just to the publication, but the field of journalism.”
Employees were told that they would be paid through the end of the year, and that afterward they would receive severance which would range in scale depending on factors like seniority, two people familiar with the matter told CNN. To receive severance, however, employees would need to sign a non-disclosure and non-disparagement agreement, the people said.
The closing of the magazine represents a broader shift in conservative media. Outlets on the right that are critical of Trump have lost influence or changed their tone, while media organizations on the right supportive of the President have flourished.
McKibben, in his statement, blamed The Weekly Standard’s demise on the challenges within the journalism industry, not the magazine’s politics. He said the magazine had over the past several years seen “double-digit declines in its subscriber base” and that “after careful consideration” it “became clear that this was the step we needed to take.”
The end of an era, indeed.