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Plans for the Times were announced by former Rocky staffers in March 2009, a few weeks after the Rocky stopped publishing. The Times hoped to bring in 50,000 paid subscribers and fund a 30-person newsroom, but they drew only 3,000 subscribers, leading several of the project’s organizers to leave and form the failed Rocky Mountain Independent.
The site was briefly kept alive with three paid staffers and about two dozen contributors. It includes a combination of aggregated and original content, and its revenue derives from advertising and donations. It has since ceased publication.
Bloomberg is a financial news and data company founded in 1981 and primarily owned by billionaire and New York City mayor Michael Bloomberg. The vast majority of Bloomberg’s $7.6 billion in 2012 revenue — 82 percent, as of 2012 — are tied to its $20,000-per-year financial data terminals used by 315,000 subscribers as of 2013, but the company’s…