[Drako]

- On what day and time should the newspaper be released?
Maybe a Friday or Sunday.

- What topics do you want to see in the newspaper?
Something like what @Sikom mentioned, a collection of quality posts from that week.

- Is anyone interested in helping me with this? PM/DM
I may be able to help a bit but not to sure just yet.

- What should the newspaper look like (A SL thread, a feed, a webpage...)
I think a webpage would look nice.