Conservative magazine The Weekly Standard shutters after 23 years

Conservative magazine The Weekly Standard is shutting down after 23 years in print, its owners announced Friday.

The Weekly Standard, once published by Rupert Murdoch's NewsCorp, rose to prominence as it influenced former President George W. Bush's administration. It was sold to Clarity Media Group in 2008, and soon proved a persistent critic to President Trump and the rise of the far right.

That neoconservative voice may have been its downfall, though, CNN points out. The Weekly Standard's finances faltered as far-right publications such as The Daily Caller and Breitbart grew. It reportedly searched for a new owner earlier this year, but The Daily Caller later reported the magazine wouldn't last until 2019, per The Ringer.

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The Weekly Standard editor Steve Hayes broke the news to staffers in an email on Friday. Read all of it below. Kathryn Krawczyk