Top 10 Newspapers in Trouble
2. Rocky Mountain News
05.7.09, 04:48 PM CDT
Rocky Mountain News - FOLDED 2.27.09
Circulation: 210,281 (7% decrease since 2007)
Parent Company: E.W. Scripps Company
Parent Co.'s 2008 Revenue: $1.1 billion
Parent Co.'s Current Stock Price: $1.16
The Rocky's owner, Scripps, put the paper on the market in early December, giving itself 90 days to find a buyer. It's expected to make an announcement this week regarding the process, though the news isn't promising. Recently the Rocky engaged in a bit of tit-for-tat with JOA partner Denver Post, which, despite its own troubles, is poised to take over the soon-to-be one-newspaper town.