The E.W.Scripps Co. announced yesterday that The Rocky Mountain News lost $8 million dollars in the first six months of 2006. The Rocky and The Denver Post "share profits" from the Denver Newspaper Agency, but the Post does not disclose their financial results. I don't know how much longer Denver will have the luxury of two competing daily papers. Hugh Hewitt has more on the loss of classified ad revenue for the "old" papers.
1 comment:
Yes, competition can only serve the cause of truth and reality! The Denver Post, though, is so irredeemably lefty, it is often just laughable.
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