Ex-Rocky workers divide $4.8 million from Scripps
April 28, 2009
Former employees of the Rocky Mountain News agreed late Monday to a $4.8 million severance package from E.W. Scripps Co., the defunct Denver paper’s owner, allowing for payments ranging from roughly $7,500 to a maximum of $50,000.
Members of the Denver Newspaper Guild unanimously approved the lump-sum payment in a meeting at International Brotherhood of Electrical Workers hall in north Denver.
About 100 of the roughly 230 journalists employed when the Rocky closed on Feb. 27 were present at the gathering.
The vote was the final act of two months of negotiations that began with Scripps offering a $750,000 package to the former staff of the newspaper and the union countering with a request of $7 million, News Guild chairwoman Mel Pomponio said.