Here are the content ideas so far with a few of my own.
New Members
Competitions
Maybe we could have an article on what draconity means to different people?
Movie Nights - Movie, date/time
Now maybe this might be a bit "kid newsy", but you could maybe have a section where you ask a question, e.g. "Question of the month: What does being a dragon mean to you?", have people send you (or set aside a part of the forum for) an answer to the question, then put some of the better answers in the next newsletter with a new question.
Weekly polls
Interviews with members
Upcoming Birthdays
Site News/Announcements
Now for a couple of other questions.
What format should the newsletter be in? Word document possibly? I would say PDF but the adobe software is insanely expensive.
Also with the format, how would you want it to look? Paragraphs written as a whole, or columns on a page like a newspaper? Perhaps a combination of both.
Due to the amount of material, would a once a month release be enough?
As soon as I know more about the newsletter I can start creating templates to make putting together the newsletter easier. \
EDIT: I found this.
http://www.patternhead.com/found-freebies/100-free-html-email-newsletter-templatesCould find a good template there.