Diario Co Latino

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This article has been tagged since September 2006.

Newspaper in El Salvador with a leftist orientation published in San Salvador. Currently headed by Francisco E. Valencia.

1 History
2 Other newspapers in El Salvador
3 See also
4 Referencies

[edit] History

The September 16, 2006 front page of Diario Co Latino.

Founded 5 of November 1890, by intellectual and journalist Miguel Pinto, who originally named the newspaper Siglo XX (XX Century), but soon by the end of 1800's had changed the name to El Latinoamericano. Soon after founding a fire destroyed the editorial, with a great effort the newspaper was revived changing its name to Diario Latino.

During the regime of the General Maximiliano Hernandez Martinez, the newspaper was attacked and threatened by the military of that time. Later the editorial was registered as Propiedad de Editora Salvadoreña de Periódicos, Revistas y Publicidad.

Alter the death of Miguel Pinto, his son Miguel Pinto took charge of the newspaper and changed its format to tabloid. Like other newspapers of El Salvador founded in 19th century, Diario Latino was conservative. After the death of Miguel Pinto, his son Miguel Angel Pinto sold the editorial to “H” Corporation of Adolfo Rey Prendes, who served as Minister of Culture and Communication in the government of Napoleón Duarte. Soon the newspaper was declared in bankruptcy and became the property of Banco de Crédito Popular that passed it to the Fondo de Saneamiento y Fortalecimiento Financiero (FOSAFFI), an organ created by the Central Reserve Bank.

In June of 1989, Diario Latino was abandoned and its workers were not paid, for this reason with the help of the trade union of journalists of El Salvador Sindicato de Periodistas y Similares de El Salvador (SINPESS) the workers kept the newspaper functioning thus starting the news era of the Diario Latino.

The new editors left the conservative journalism and changed the news format to become more plural and criticized the military. February 9 of 1991, alter attempts of censure and threats the newspaper was set on fire, but two month after the event Diario Latino recovered 70% of its circulation.

In 1994 the workers created the Cooperative Society of the Employees of the Diario Latino with Limited Liability (Sociedad Cooperativa de Empleados de Diario Latino de Responsabilidad Limitada (COLATINO de R.L.)) and in 1995, after loosing in court had to change the name from Diario Latino to Co Latino.