Charity-Run Street Newspapers Thrive Even in the Recession
May 4, 2009 | Read Time: 1 minute
While major international news organizations are struggling, the mostly charity-run weekly and monthly newspapers sold on the street by homeless people in major cities worldwide appear to be weathering the downturn, The New York Times reports.
The more than 100 such papers in 40 countries operate primarily to aid the indigent and survive on circulation sales, subsidies, and donations, making them less subject to the vagaries of the advertising market.
“I was concerned that 2008 and 2009 might see a drop in sales, but that hasn’t happened,” said Paolo Briviom an official of the monthly newspaper that is distributed in Milan. In tough times, he added, readers understand “that we all have to help each other.”
(Free registration is required to view this article.)
