Laid-off editors and reporters from Puerto Rico newspaper start a new one as nonprofit employee cooperative

A group of reporters, editors, and other union members in Puerto Rico have started a newspaper organized as a nonprofit employee cooperative.  They started this paper, called the Daily Sun, after their former employer the San Juan Daily Star closed last summer after almost 50 years.  Reports the Miami Herald: “With its break-eveneconomic model and a mission no greater than to employ people, itsmanagers say Puerto Rico’s newest media venture may have discovered abusiness strategy to keep newspaper journalism alive: no profits.”

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