New York (CNN Business)The fate of The Weekly Standard, the conservative magazine that has staked out a position as a publication on the right still critical of President Donald Trump, is uncertain, Editor-in-Chief Stephen Hayes told staff in a series of phone calls Tuesday, according to two people familiar with the matter.
The magazine's precarious position comes after its leadership spent months searching for a buyer, the people told CNN.
People - Weekly - Standard - Leadership - Heads
The people explained that The Weekly Standard's leadership had butted heads with MediaDC, the current parent company of the magazine, and that the two parties had agreed to allow Hayes to search for a new owner.
However, MediaDC recently informed The Weekly Standard's leadership that the company was no longer interested in a sale, the people said.
Ryan - McKibben - Chairman - MediaDC - Hayes
Instead, Ryan McKibben, the chairman of MediaDC, asked to meet with Hayes in a meeting tentatively scheduled for late next week, the people said. McKibben, they said, also requested the entire staff of The Weekly Standard be made available following the meeting.
That request, coupled with MediaDC's Monday announcement that its other conservative news organization, The Washington Examiner, would be expanding its magazine into a weekly publication, has left The Weekly Standard's leadership worrying about the future of the magazine.
Employees - Magazine - People
Employees at the magazine are bracing for the worst, multiple people familiar with...
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