Friday's will be the final edition of this 150-year-old newspaper. Denver is now a one-newspaper town.
snips from an LA Times story (linked below)
Buyers are scarce for newspapers, which are almost universally distressed. The owners of four newspapers filed for bankruptcy protection this week alone.
Tribune Corp, which owns the Los Angeles Times, the Chicago Tribune and six other dailies, filed for Chapter 11 in December.
At the Rocky Mountain News, some people were frustrated that Scripps, one of the few newspaper companies in good enough financial health that its bonds are rated investment grade, did not hold on and try to outlast the Post. Boehne said it wasn't feasible.
Denver dignitaries mourned the end of a local institution.
"We have lost an important voice in our community," Mayor John Hickenlooper said.
At the Rocky Mountain News, reporters were worried about their futures and that of their profession.
"The fewer news outlets there are, the fewer stories there are," said reporter Sara Burnett, 35. "There are all these stories out there, and these are stories that are never going to get told."
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Friday, February 27, 2009
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1 comment:
Anyone in that sports department not named Tracy Ringolsby is going to have a hard time finding a job in this market. God speed to all -- and a big middle finger to their parent company, which had the money to weather this storm, reportedly, but failed.
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