E.W. Scripps announced Thursday that they have put The Rocky Mountain News up for sale. According to their web site, The Rocky is Colorado's oldest newspaper, approaching its 150th anniversary.
Scripps has projected a $15 million loss for the paper this year. If a buyer doesn't come forward in the next four to six weeks, it will be shut down. The closing could take place as soon as early 2009.—-
Scripps has closed four publications since 2005: The Cincinnati Post, Albuquerque Tribune, Birmingham Post-Herald and another Colorado publication titled Dirt.
Gannett, Cox and many other media outlets are also closing or selling papers or cutting jobs.
To learn more about the newspaper industry struggles in our area, check out Kevin Osborne's blog post here.
