Costa Rica News – It seems the most well known newspaper in Costa Rica might be going under or downsizing at the highest level. This leaves the newspaper industry in Costa Rica possibly open for a new leader for English readers. The national English weekly The Tico Times cease to circulate in in paper format and their building in downtown San Jose is up for sale.
The newspaper closed due to financial reasons.
Founded by Betty Dyer as a student project of Lincoln College, The Tico Times became the leader in English half the country and the first in Central America in that language.
It is now run by Dery Dyer, daughter of the founder, who expressed in a letter with the readers the reasons behind his decision.
“The reasons for the demise of the print edition are many,” Dyer wrote. He noted a shift in the newspaper industry into the online format, and that the global recession affected the budget of advertisers. He also said their was “the lack of long term vision and a series of fatal decisions.”