New York Sun shines for one more day

NEW YORK (Reuters) - The New York Sun, the daily newspaper started six years ago as a conservative-leaning alternative to The New York Times, will publish for at least one more day as its proprietors seek additional funding.

“There will be a newspaper tomorrow,” spokesman Michael Moi said on Monday.

The statement came after media gossip blog reported that Monday, September 29, would be the last day that the privately held newspaper publishes an issue.

Sun editor Seth Lipsky earlier this month told readers that the company was seeking more money from investors as costs rise, advertising revenue falls and the paper continues to post losses.

The fate of the paper, which publishes five days a week and has a circulation of about 70,000, is unclear beyond Tuesday. Moi said efforts to find more money continue, but he declined to provide more information.

Reporting by Robert MacMillan