Former vice president Annette Lu (呂秀蓮) yesterday said the electronic version of her afternoon newspaper would be launched on July 1.
Lu said that because of the financial difficulty of launching the hard copy, the paper — named the Formosa Post (Telegraph) in English and Yushan Wubao (玉山午報) in Chinese — would start online.
The Formosa Post will be the guangmingdeng (光明燈), or light, of society, Lu said, referring to a Taoist tradition at Lunar New Year that is believed to bring luck, and urged the public to be a stakeholder in the publication.
Lu said she planned to establish a company on March 22 for the publication and hoped to raise NT$600 million (US$17.14 million).
Anyone who buys NT$10 million in company shares will be eligible to serve on the board, she said at an event organized by Taiwan Heart at Keelung’s Ren Ai Elementary School.
Accusing the media of sensational coverage and giving in to commercial manipulation, Lu said she hoped to create a newspaper that served the public.
“Unlike other media outlets whose goal is simply to generate news, we want the Formosa Post to inform the international community of what is really going on in Taiwan,” she said. “We want it to get the message of Taiwan across to the world.”
Once the paper is online, the next step will be to launch the weekend paper edition, the Formosa Post Weekly (玉山周報), Lu said. The weekend edition is scheduled to hit shelves on Aug. 1, she said, and the target for the paper is 50,000 subscribers.
The Formosa Post will have its own reporters, but public contributions will also be welcome, she said.
Lu has said the Formosa Post would be an “atypical newspaper necessary for those Taiwanese who want to be their own lord and master.”
The paper’s purpose will be to push for progress on many fronts, including Taiwan’s normalization and globalization, she has said.
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