Tomorrow marks the last day of publication for the Rocky Mountain News, which has been for sale since December. The paper’s owner, Scripps, failed to find a buyer and made the decision to close the 150-year-old paper citing huge — and ever-increasing — losses.
“Denver can’t support two newspapers any longer,” Scripps CEO Rich Boehne told staffers. “It’s certainly not good news for you, and it’s certainly not good news for Denver.”
According to the paper, there was one interested party, but they withdrew after learning it would take an investment of $100 million to keep the paper alive.
Since 2001, the Rocky Mountain News shared a business side with The Denver Post in an effort to “preserve two editorial voices in the community.” After tomorrow, there will only be one.