VIDEO: Rocky Mountain News to close

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After 150 years, the Rocky Mountain News is dead.

Colorado’s oldest newspaper owned by E.W. Scripps Co. will publish its final edition Friday after failing to lure qualified buyers.

Rich Boehne, CEO of the newspaper’s parent company said the Rocky was the victim of a terrible economy and an upheaval in the newspaper industry.

“Denver can’t support two newspapers any longer,” Boehne told staffers, some of whom cried at the news. “It’s certainly not good news for you, and it’s certainly not good news for Denver.”

Shutting down the Rocky, which lost $16 million last year, leaves the Denver Post as the city’s only major newspaper.

“People are in grief,” Editor John Temple said in a news conference.

But he was intent on making sure the Rocky’s final edition was as special as the paper itself.

“This is our last shot at this,” Temple said. “This morning (someone) said it’s like playing music at your own funeral. It’s an opportunity to make really sweet sounds or blow it. I’d like to go out really proud.”

The Post will hire several staffers from the Rocky, including some of its best-known names, Editor Greg Moore told his staff Thursday.

VIDEO: Scripps announces closure of Rocky Mountain News