In Puerto Rico, 85 press workers, salespeople and journalists who lost their jobs when the San Juan Star folded last summer have formed a cooperative that publishes the island’s only English-language daily.

The Puerto Rico Daily Sun launched in October, with each member of the new Cooperativa Prensa Unida kicking in $800. The Puerto Rican Department of Labor and Human Resources pledged $1 million for payroll expenses, but had paid just $250,000 when spending was frozen by a new administration.

Daily Sun Executive Editor Marisol Lora understands those who wonder why now, of all times, someone would start a print newspaper. “If this were a new Spanish-language paper, I’d just say, ‘no way,’” she says. But with the Star folding, Puerto Rico was wide open for an English-language paper that would target an upscale readership.

Read the story by Mark Fitzgerald at E&P.