- Diario Co Latino
The newspaper was founded November 5, 1890 by intellectual and journalist Miguel Pinto. Originally named Siglo XX (20th Century), it was soon renamed El Latinoamericano. After the editorial was destroyed by fire, the newspaper was revived under a new name of Diario Latino.
During the regime of the General Maximiliano Hernandez Martinez, the newspaper was attacked and threatened by the military. Later the editorial was registered as Propiedad de Editora Salvadoreña de Periódicos, Revistas y Publicidad.
After the death of Miguel Pinto, his son (also 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 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. On February 9 of 1991, after attempts of censure and threats, the newspaper was set on fire; two months after the event, though, the 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 losing in court had to change the name from Diario Latino to Co Latino.
Other newspapers in El Salvador
Reseña histórica de Co Latino Diario Co Latino Retrieved on 2007-08-14
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