The Rocky Going the Way of the Dodo

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The Rocky Going the Way of the Dodo

denverpost.com

Closing time: The Rocky will shut down just shy of its 150th birthday.

The death knell has been sounded for the Rocky Mountain News, E.W. Scripps’ Denver-area newspaper, which is scheduled to close after Friday’s edition is churned out, no doubt signaling more mayhem to come in the old media world.

The New York Times:

Changing readership habits and increasing competition from the Internet have hit the newspaper industry especially hard, cutting overall circulation sharply over the last decade. Those forces, and the severe economic downturn, have significantly eroded advertising, the primary revenue source for newspapers.

The Rocky has about 230 reporters, editors and other employees in its newsroom. It will close just two months short of its 150th anniversary.

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By woody, February 26, 2009 at 4:36 pm Link to this comment
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The papers which survive will be weak, regional, family-owned, advertizing outlets.

There will no longer be any incentive to do deep reporting.

Without competition, the Post—which is also owned by an anonymous but huge national chain, the “MediaNews GROUP” will shrink too, except in advertizing.

I’ll hate it if I seem to espouse conspiracies when I say, this couldn’t have worked out better for the elites and the oligarchs if they’d planned it….er, i mean…

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By Chris, February 26, 2009 at 3:48 pm Link to this comment
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I don’t see newspapers being obliterated due to the digital age but I think there will be a lot less of them. I saw the news about the Philly Daily News and the Philly Inquirer filing for bankruptcy this week. What floored me about the Rocky Mountain News closing is that they were 150 yrs old—-older than the late Lehman Bros.

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