03/18/2010 05:12 am ET Updated May 25, 2011

Colorado Springs Gazette Won't Send Reporters To Olympics For First Time Since 1977

As Freedom Communications Holdings Inc., moves through bankruptcy, its second-largest newspaper -- the Gazette -- is showing sharp declines in circulation, and the California-based conglomerate's own financial forecast predicts a further, company-wide reduction in force next year.

Things are so tight that Colorado Springs' daily newspaper has relinquished its credentials to cover the Winter Olympics in Vancouver, British Columbia, the first time it will pass on covering any Olympics with its own personnel since the U.S. Olympic Committee relocated to Colorado Springs in 1977.

Read more on The Colorado Springs Independent