Newspapers future outlook – BLEAK!

If you are a nit-wit of a fucking publisher, who has about as much sense as a rock, you will tell your employees that your newspaper will be publishing forever. The truth of the matter is that newspapers look to have the same bright future as lead paint, 8-track players and drive-in movies.

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

Owner E.W. Scripps Co. 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.

Considering that both the ownership groups of The Philadelphia Inquirer/Daily News and Journal Register Company followed in the footsteps of Tribune Company in filing Chapter 11, I think it is a safe bet that print editions of newspapers will be something that will only be found hanging in a museum in the near fuure. If I were employed by a newspaper at this time, I would strongly consider getting out before the imminent demise comes.

The irony is that The Reporter runs a "Remember When" section – do you think The Reporter will be the main topic of discussion in the next edition.


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