Many publications for sale; few buyers

A story in the Financial Times says that about 30 US newspapers are currently up for sale, many at rock bottom prices, but buyers for these publications are hard to find.
For grabs is the 149-year-old Rocky Mountain News and the San Diego Union Tribune, but few buyers have emerged.
The trend may continue for some time.
From the story:

Meanwhile, advertising revenues at newspapers are expected to continue their double-digit declines, now expected to fall 17 per cent and 7.5 per cent in 2009 and 2010, according to Barclays Capital. Topping the list of most high-profile candidates under review is The New York Times’ Boston Globe, which just two years ago was valued at $650m by a consortium of buyers led by Jack Welch, former General Electric chief executive, and included former advertising executive Jack Connors.MrWelch’s original offer was rebuffed by Arthur Sulzberger, Jr, chairman and publisher of the Times, who vowed to keep the company intact at the time and the flagship title under the family’s control.