"The Toronto Star is expected to announce on Friday that it intends to close its main printing plant in the Greater Toronto Area, The Globe and Mail has learned.
"The 3.2-hectare printing centre in Vaughan, which sits near the junction of Highway 400 and Highway 7 north of Toronto, opened in 1992 at a cost of $400-million, and was considered state-of-the-art at the time.
But as print advertising revenue continues to decline steadily, and the Star invests heavily in its digital journalism, the newspaper’s parent company, Torstar Corp., is exploring an outsourcing arrangement that would allow it to close the facility. . .
"With print in decline, the Star has made a major investment in its new tablet edition, called Star Touch, which was built through a partnership with French-language daily La Presse, and launched last September"
"With print in decline, the Star has made a major investment in its new tablet edition, called Star Touch, which was built through a partnership with French-language daily La Presse, and launched last September"
The Star has maintained it has no similar plans to get out of print.
The full Globe and Mail story
The full Globe and Mail story
No comments:
Post a Comment