Gawker on the odds the Rocky Mountain News survives
What with the news about the Tribune Co. filing for bankruptcy yesterday, it's no surprise that the folks at Gawker are wondering if some notable newspapers will fail in the near future. "Newspapers: The Official Survival Odds" finds writer Hamilton Nolan weighing in on the future of the New York Times, the Los Angeles Times (which is owned by Tribune), the Boston Globe, the Newark Star-Ledger and your Rocky Mountain News. Nolan doesn't have positive things to say about the Rocky's chances, declaring: "Has no compelling reason to exist (Denver will still have its Post), and will not be bought, barring a Powerball win by a top editor." And yet he puts its odds of survival at a generous 10-1.
Either Nolan doesn't really understand how this whole odds thing works, or beneath his crusty exterior, he's an incredible optimist. Betcha most Rocky newsroomers would put things in the 1000-1 range or above. -- Michael Roberts