In 2006, though the publication had never been profitable and reputedly lost more than a million dollars a year, News Corporation head Rupert Murdoch initially dismissed the idea of selling it. Subsequently, in June 2009, a report circulated that a sale of the publication to Philip Anschutz was imminent, with Murdoch's position being that, having since purchased "The Wall Street Journal" in 2007, his interest in the smaller publication had diminished. "The Washington Examiner" reported that month that the "Examiner"s parent company, the Anschutz-owned Clarity Media Group, had purchased the "Standard"; the price was about $1 million.