Although the publication had, as of 2006[update], never been profitable and reputedly lost "more than a million dollars a year", News Corporation head Rupert Murdoch had previously dismissed the idea of selling it. In June, 2009, a report circulated that a sale of the publication to Philip Anschutz was imminent, with Murdoch's position being that, having purchased The Wall Street Journal in 2007, his interest in the smaller publication had been less forceful. The Washington Examiner reports that the Examiner's parent company, the Anschutz-owned Clarity Media Group, has since purchased the Standard. Since the sale to the Clarity Media Group, the Standard has increased its paid circulation by 39 percent between its June 2009 and June 2010 BPA statements.
In 1997, nearly a year after reporting allegations of hiring a prostitute and plagiarism against Dr. Deepak Chopra, best selling author, the editors of The Weekly Standard accepted full responsibility for "errors" in a cover story. The editors stated: "We apologize to Dr. Chopra and to our readers. We regret any harm that may unjustly have been done to Dr. Chopra's reputation. We trust that this correction and apology will help in repairing any such harm, and will set the record straight." In acknowledging that "the general tone of our article was unfair to Dr. Chopra," the editors concluded: "We believe that Dr. Chopra is sincere and forthright in his teachings, and regret our publication of allegations about Dr. Chopra that we now believe to be erroneous. They added, “We also would no longer state that his company’s herbal remedies have high levels of bug parts and rodent hairs or levels higher than other such organic products.”  Dr. Chopra claimed the magazine settled for $1.6 million.