El Nuevo Día, Orlando’s only Spanish-language daily, will cease operations Aug. 29, just 5 years after its launch. 50 employees will lose their jobs.
The paper is published by Puerto Rico’s Ferré-Rangel family, which also owns two newspapers in Puerto Rico: El Nuevo Día and Primera Hora.
José F. Serra, a spokesperson for the Ferré-Rangel family told the Orlando Sentinel the decision is a consequence of the economic crisis in the U.S.: “Unfortunately, the losses have been consistent throughout the five years, and we came to the conclusion that we couldn’t continue producing the paper,” he said.