Rocky Mountain News Up for Sale

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The Rocky Mountain News, Colorado’s oldest newspaper, has been put up for sale by its parent company.

Citing worsening financial conditions, the E.W. Scripps Co. said it will weigh any offers through mid-January. If no buyer emerges, it will consider shutting down the newspaper. [Click for MORE]

> Early Rocky reaction
> Bloodbath nears 2,000 at Gannett
> Chicago Tribune eliminates more than a dozen newsroom jobs
> Bakersfield Californian lays off about 10% of its workforce
> Santa Barbara News-Press parent cuts 17 positions
> Elsewhere: AT&T, DuPont, Viacom and Credit Suisse combine to take another 20,000-plus jobs out of the work force.
> Media job losses mount with Viacom, NBC slashing jobs
> AP Cuts 10% of Workforce, Newspaper Guild Trims Publication Schedule
> Layoffs at Random House, Simon & Schuster
> No relief in sight as radio ad revenue declines
> Layoffs gut Hollywood Reporter
> Layoffs at the Los Angeles Daily News

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Scripps Layoffs in California, Florida, Texas, Indiana

Waiting only two days after their election coverage wrapped up, E.W. Scripps is laying off employees at their newspaper properties in California, Florida, Texas, and Indiana.

Scripps is due to report their third quarter earnings on Friday, and it is rumored that as many as 400 jobs may be cut across the chain.

In Ventura, Calif., 45 people learned today that their jobs were being cut, 17 from the paper's newsroom (about 20 percent of the editorial department). [Click for MORE] Sphere: Related Content

Uh-oh, Where Did Those Newspaper Web Ads Go?

File this under "It can always get worse." Amid the constant stream of circulation declines, vanishing ads and staff reductions that have afflicted print newspapers, some major publishers are seeing online-revenue declines for the first time.

Tribune Co., Lee Enterprises and E.W. Scripps all reported declines in web advertising during the most recent quarter, a worrying development in an industry that has been able to count on the uninterrupted growth of its websites during a period in which it has been able to count on little else. [Click for MORE] Sphere: Related Content