HSJ Headline News
L.A. student newspaper faces funding crunch
Los Angeles Times
April 29, 2012
As the newspaper approaches a quarter-century, it is struggling to hang on. The foundations whose grants have long been the primary source of funding have pulled out, and board members who once brought in corporate donations have been laid off, said Donna Myrow, L.A. Youth's executive director.
The paper, which operates on a $500,000 budget, has two full-time editors, Riddle and Mike Fricano, who guide the young scribes through the writing process. L.A. Youth is printed six times a year, with a circulation of about 70,000 and an estimated readership of 400,000, Myrow said. (The Times donates the printing of the newspaper.)
Myrow said the newspaper needs to raise $500,000 by mid-May or it will run out of money. Unlike other newspapers, which have seen scores of readers migrate to the Internet, Myrow said that's not an option. Even with this high-tech generation, she said not as many students would read it online, mostly because of a lack of computer access.
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