Media

Rocky Mountain News Closing After Friday Edition

Stock quotes in this article:SSP 

DENVER -- The Rocky Mountain News in Denver will publish its last edition Friday.

Owner E.W. Scripps Co. (SSP) announced on the newspaper's Web site Thursday that its search for a buyer for the paper was unsuccessful.

Scripps CEO Rich Boehne said in a statement the newspaper is "a victim of changing times in our industry and huge economic challenges." Scripps says the paper lost $16 million last year.

The News has 230 editorial employees. It will close just two months short of its 150th anniversary.

Since 2001, the News has shared business operations with The Denver Post in a joint operating agreement. William Dean Singleton, publisher of The Post and chief executive officer of its parent, MediaNews Group Inc., did not immediately return a call.

Singleton is also chairman of the board of The Associated Press.

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Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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