Rocky Mountain News closing 2/27/2009 after 150 years
Submitted by SteveMT on Thu, 02/26/2009 - 17:00The First Amendment has really meant: owning your own newspaper. No one wants to buy this Denver newspaper. Why?
DENVER (AP) -- The Rocky Mountain News will publish its last edition Friday.
Owner E.W. Scripps Co. announced on the newspaper's Web site Thursday that its search for a buyer for the paper was unsuccessful.
"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.
Scripps said the paper lost $16 million last year.
Financial problems are widespread in the newspaper industry as the economy has deteriorated, ad revenue has tumbled, readers have gravitated toward the Internet and advertisers have followed them.
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 papers are up for sale.
http://finance.yahoo.com/news/Rocky-Mountain-News-closing-ap...
SF Chronicle and Seattle Intelligencer are dumping
Who would buy a dying industry?
I predict all print newspapers will be defunct within 7 years.
It's something that will pass into history, like vaudeville or radio theater.
The future of media is Internet news sites.
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
The internet tells me everything I need. As long as...
this "filtered internet," Internet 2 doesn't start, the net will be the source for all info and soon.
If anyone does Internet2, it will be the Obamaites
I hate to say it, but we have a moral obligation to castrate Obama's administration by taking away his Congress. Even if it means....(ugh!) voting for Republicans.
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
of course George Bush would never infringe on the freedom of the
Internet, now would he?
Obama is just doing what any politico does in a crisis. The republican party are as good at destroying our freedoms as the democratic party......don't you think?