Denver Post’s Decision to Sell Stake in Colorado Rockies Not Sign of Financial Turmoil, CEO Says

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/denver-post-s-decision-to-sell-stake-in-colorado-rockies-not-sign-of-financial-turmoil-ceo-says/">
LinkedIn

By: Michael Roberts | Westword

Last week, the Denver Post announced a desire to sell its 7.3 percent stake in the Colorado Rockies — an asset acquired due to the Rocky Mountain News’s 2009 closure. A knowledgeable source tells Westword this move was motivated by dire financial problems at the Post — ones serious enough that they could lead to bankruptcy. But Post CEO Ed Moss denies this assertion while highlighting what he sees as progress in improving the paper’s economics.

Comments:

Your email address will not be published. Required fields are marked *

Editor & Publisher App: Android Phone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android device

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: Android Tablet

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android tablet

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: iPad

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPad

Click below to download
and install the App.

CLOSE

Editor & Publisher App: iPhone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPhone device

Click below to download
and install the iPhone app.

CLOSE