a penny a day. ( tv ad - rocky mtn news) scripps thought it could win against dean singleton, the ownerost, because dean was a ivately held company that had financed his company through debt. but ultimately, the big problem was that scripps was traded on the new york stock exchange and had public shareholders they had to answer to wall street analysts. and they had to explain quarter after quarter why they were losing money in denver for the long term. ( tv ad rocky mtn news ) ultimately, when scripps didn't win that newspaper war war as quickly or as easily, as they thought they could, they decided to throw in the towel and they went to dean singleton and negotiated what's called a joint operating agreement that allowed newspapers to collaborate on the business side and set prices in order to preserve two separate newsrooms, two separate editorial voices. they built that beautiful denver post rocky mountain news building right across from the civic center. perfect placement. it seemed like the future was bright for the two papers. they were very optimistic about the future. but two or

. ♪ dean singleton is a sortf an outw owr.th. ♪ was kno as leanean annot fohis ature. he w known bause h boug newspaps and but he ruced thetaff to thoseapers. and a t of tho papers went outf busine. ♪ had a rutation fobeing vious in cuttg costs. he's o of the st persuasi people i've ever kwn. he led being aring threal fac ofhat, h decisns were beingade and at was gng on. a the other rt of itas, i befited trendouslyy his wisd and expience. ♪ mea news w centere inenver, a the denverost is wre his ofces were. this bame his ba and he s complely investedn the po. he borwed money anbought newspers andas a gre buness mod as longs the nepapers we as protable as they re. ♪♪ dia news gro which iwhat dean sgleton'sompany w call at thtime. anit was longegarded an advaage that was a pvately hd compan dean sinetonhis buness paner and handful other peop owned a the sto the comny. it d not tra on t nework stocexchange when theocky mouain news closedpeople sd, oh, n't itreat, that dn singlen is privateompany, don't havehareholds, heoesn't he w

. ♪ dean singleton is a , sort oan outlaowr.th. ♪ was kno as leanean and not for his sture. he w known bause h boug newspaps and but he ruced thetaff to thoseapers. and a t of tho papers went outf busine. ♪ had a rutation fobeing vious in cuttg costs. he'sne of thmost persuave peopli've ever kno. he lov being, heing the al facts of what, howecisio re beingade and at was gng on. a the other rt of itas, i nefited emendous by his wisd and expience. ♪ mea news w centere in dver, andhe denverost is wre his ofces were. this bame his ba and he s complely investedn the po. he borwed money anbought newspers andas a gre buness mod as longs e newspars were profitae as they re. ♪♪ media newsroup wch is wh an singlon's comny was call at thtime. anit was longegarded an advaage that was a pvately hd compan dean sineton, s busiss partner d a handl of oth ople own all thetock the comny. it d not tra on t nework stocexchange en the rky mountn news closed, ople said, oh, n't itreat, that dn singlen is privateompany, don't havehareholds, heoesn't h