Murdoch unloading The Weekly Standard

Mogul Rupert Murdoch never shies away from publicity, while billionaire Philip Anschutz avoids it like the plague. What's bringing these two tycoons together is The Weekly Standard.

According to a report in the Los Angeles Times, Murdoch is in talks to unload the conservative magazine to Anschutz, who like Murdoch supports conservative political causes. The Weekly Standard, which has a tiny circulation of under 90,000, fits better with Anschutz's empire than Murdoch's News Corp. (NWS). A message left with an assistant to Weekly Standard editor William Kristol was not immediately returned.