The Owner of the Toronto Star Reports $24.4-million Loss, Plan To Cut 110 Positions

Posted Wednesday, May 3, 2017 10:45 am

Susan Krashinsky Robertson | The Globe and Mail

The owner of the Toronto Star and other media operations reported a $24.4-million loss in its most recent quarter, during which it cut 110 jobs as it continues to grapple with declining advertising revenue.

The loss was an improvement from last year when the comparable losses were more than twice as big.

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The Owner of the Toronto Star Reports $24.4-million Loss, Plan To Cut 110 Positions

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