The company announced Friday it was shutting down the Derby Daily Reporter, a 47-year-old newspaper:
The Derby Reporter will publish its final edition on Feb. 17.
The newspaper thrived during the rapid growth of the city and was instrumental in informing and educating residents as the small town became a bustling suburb.
Market forces, challenges specific to the newspaper industry and the loss of a major revenue stream have overwhelmed the newspaper’s ability to continue with a profitable business model.
“We had hoped to find a way to continue publication,” Publisher Kent Bush said. “We are proud of our staff and the work they have done for this community. It is unfortunate that so many challenges came simultaneously to limit our ability to survive.”