Future of The New York Sun uncertain
The New York Sun may be forced to shut down by the end of September if it does not secure additional investor funds. The paper, which was first published on April 16, 2002, has been unable to make a profit and meet the financial goals of current investors. According to the paper's editor, Seth Lipsky, "keeping the Sun alive and moving it toward self-sufficiency will require broadening the base of investors beyond the original group." While Lipsky said the paper is in talks with potential investors, nothing has been solidified.
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