June 27, 2009
Non-profit newspaper opens in Puerto Rico
Puerto Rico's new non-profit print newspaper -- The Daily Sun -- could be a model for struggling newspapers elsewhere, its editors say.
This really has the potential to be a successful business model, Managing Editor Angel Matos told The Miami Herald in a story published Saturday.
The Sun, Puerto Rico's only English-Language daily, needs only to break even to be successful, Rafael Matos said.
Many in journalism are looking to the Sun during what has been a wrenching year for newspapers, the Herald said. More than 6,000 U.S. journalists lost their jobs last year, following 2,400 job losses reported the year before, the American Society of Newspaper Editors said.
Counting jobs in sales and production, newspapers in the United States eliminated 22,000 positions overall last year, the U.S. Bureau of Labor Statistics said.