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Archive for Friday, February 27, 2009

Rocky Mountain News closing today

February 27, 2009

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The Rocky Mountain News, Colorado’s oldest newspaper and a Denver fixture since 1859, will publish its last edition today.

Owner E.W. Scripps Co. said Thursday the newspaper lost $16 million last year and the company was unable to find a buyer.

“Today the Rocky Mountain News, long the leading voice in Denver, becomes a victim of changing times in our industry and huge economic challenges,” Scripps CEO Rich Boehne said.

The News is the latest — and largest — newspaper to fail amid a recession that has been especially brutal for the industry. Four owners of 33 U.S. daily newspapers have sought Chapter 11 bankruptcy protection in the past 2 1/2 months. A number of other newspapers are up for sale.

Comments

hawkperchedatriverfront 5 years, 1 month ago

Well, I hope the Denver historical society has the good sense to gather information about the paper and artifacts, something that Lawrence continues to falter on with each and every business of long standing or ever short term.

Lawrence always waits until after the fact to save history.

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Steve Jacob 5 years, 1 month ago

Not sure any city, no matter how big, can have two newspapers anymore.

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