Sad news from Denver. The Rocky Mountain News, which would have celebrated its 150th anniversary in April, published its last issue today.
Denver was one of the few remaining two-paper markets. Now it has the Denver Post, which should break-even, experts said, although it will have higher operating costs (since it had split back office costs with the RMN, not be confused with Richard Milhouse Nixon).
For now, other two-paper markets include New York, Los Angles, Chicago, San Francisco, Boston, Seattle, Detroit, Dallas/Ft. Worth and Minneapolis-St. Paul.
But the Los Angeles Tribune, Chicago Tribune, Minneapolis Star-Tribune, San Francisco Chronicle, Seattle Post-Intelligencer and both Detroit papers are owned by holding companies that have declared bankruptcy, have declared bankrupty itself, had the parent company announce a deadline to sell or close the paper, or cut back its publishing schedule.
That doesn’t include buyouts at the Boston Globe, financial machinations at the New York Times.