Media as the "4th Power" or as entertainment

I’ve wondered since Obama won the election last Nov. what would happen to REpublican/conservative media outlets under Murdock’s News Corp. Now we know about the NeoCon’s Weekly Standard.

Clarity Media to Buy Conservative Magazine The Weekly Standard

Authored by Mark Hefflinger on June 18, 2009 – 10:41am.

Washington – Clarity Media Group, the Denver-based publisher of The Washington Examiner, said that it will pay an undisclosed sum to buy DC-based conservative opinion magazine and website The Weekly Standard from owner News Corp (NYSE: NWS).

Clarity, owned by billionaire Phil Anschutz, said that it plans to retain the magazine’s staff and content.

“We’re very much looking forward to working with (Clarity) to produce an even better magazine with a stronger web presence and even larger readership,” said William Kristol, editor of The Weekly Standard.

The publication, launched by News Corp. in 1995, has an audited circulation of 83,000, with a newsstand price of $3.95.

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