The Rocky Mountain News, less than two months away from its 150th anniversary, will be closed after a search for a buyer proved unsuccessful, the E.W. Scripps Co. announced today.
"Today the Rocky Mountain News, long the leading voice in Denver, becomes a victim of changing times in our industry and huge economic challenges," Rich Boehne, chief executive officer of Scripps, said in a prepared statement. "The Rocky is one of America’s very best examples of what local news organizations need to be in the future. Unfortunately, the partnership’s business model is locked in the past."
The Rocky has been in a joint operating agreement with The Denver Post since 2001. The arrangement approved by the U.S. Justice Department allowed the papers to share all business services, from advertising to printing, in order to preserve two editorial voices in the community.
More Bad News
While the San Francisco Chronicle faces closure, the Rocky Mountain News will cease publication after tomorrow:
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