A look at the downward spiral of the newspaper industry in the 21st century.
Because no news is bad news
Friday, July 31, 2009
Charge, ad slump hit Torstar's bottom line
Torstar Corp. warned yesterday that Ontario's economic slump would weigh heavily on advertising revenues for the remainder of 2009, after the company posted a net loss of $4.4 million for the second quarter of the year.