But in the meantine, there's activity in Denver. Not light-at-the-end-of-the-tunnel activity but at least enough activity to ensure life will go on.
Perez-Pena of the Times isn't exactly cheerful:
... now, some economists and newspaper executives say it is only a matter of time — and probably not much time at that — before some major American city is left with no prominent local newspaper at all.And so on ...
“In 2009 and 2010, all the two-newspaper markets will become one-newspaper markets, and you will start to see one-newspaper markets become no-newspaper markets,” said Mike Simonton, a senior director at Fitch Ratings, who analyzes the industry.
In the meantime, a former Rocky staffer named Robert Niles who blogs for the Knight Digital Media Center, talked with Steve Foster, assistant sports editor for interactive media, who launched his own effort [America's Fish] to provide an online home for several other former Rocky reporters and columnists. Something like this was expected.
But Niles has a gift for intriguing headlines, and one of them made me sit up and take notice. On Feb. 27, just before time ran out for The Rocky, he predicted:
Someone's going to get rich in Denver next week ...Here's why. Niles said:
... with thousands of now-former Rocky readers looking for a new daily news source, there's a huge opportunity here for someone to get rich. Just put some of those readers together with some of those advertisers, using a fresh new online publication, and without the capital and corporate overhead, JOA [joint operating arrangment] obligations and debt that's weighing down so many newspapers across the country.After some chit-chat about the Rocky's JOA with The Denver Post, Niles added:
A new online news publisher need not capture all of the Rocky's former readers, or advertisers, to do well. If a former Rocky reporter, or a small group working together, managed to claim just a few advertisers and a few thousand daily readers, they easily could clear more money than they did working at the Rocky. (Heck, I'm making more from my websites than I ever did working at the RMN.)Again, that last sentence got my attention.
Niles ran a piece March 4 with another intriguing headline. It says:
Essential reading for journalists caught in the meltdownI'd say Niles' blog in general, and the rest of the KDMC website as well, is essential reading for journalists.
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