Canadian Publisher's Profits Plunge 44%
Posted: 8/5/2013  |  By: Roy Greenslade | The Guardian
Torstar, Canada's newspaper and book publisher, saw its profits fall by 44% in the last quarter, reports the Globe & Mail.  

The company, which publishes the Toronto Star, attributed the fall to declining print revenue at its newspapers and fewer readers for its Harlequin erotic novels.