E.W. Scripps Company has put Colorado’s The Rocky Mountain News on the market.
Colorado’s oldest newspaper founded in 1859, The Rocky Mountain news lost around $11 million for the first 9 months of this year, and is expect to lose $15 million for the full year, off the back of a circulation of 255,000 weekday copies.
Scripps has owned the News since 1926, and since 2001 has been in a joint operating agreement with The Denver Post, reports The Huffington Post.
Scripps president and CEO Rich Boehne said the paper would be shut down mid-January if no buyer was found.
