The Denver Post building in downtown Denver.

(Hart Van Denburg/CPR News)

It's an ugly time for the Denver Post as layoffs cut down newsroom staff, top editors resign and remaining and former employees alike demand a change in ownership.

Overall, the outlook for the newspaper business isn’t the brightest, either: Only about one in five people reads a paper often, according to the Pew Research Center. Layoffs are common. Prominent publications are sold and resold.

Despite the numbers, former U.S. diplomat Dan Baer, now a visiting fellow at the University of Denver, tells Colorado Matters why he’s considering purchasing the Post with a group of investors.