Torstar chief says company is making changes to keep pace with the future

David Holland, the head of Torstar Corp., is convinced Torstar is headed in the right direction as it broadens its focus beyond the troubled newspaper industry and into the digital world. The company's board of directors gave Holland a vote of confidence last week by confirming his role as president and chief executive. He started in the job as an interim CEO. Holland says the company, once centered on its newspaper operation and named after its cornerstone big city newspaper, the Toronto Star, is now a broadly based media enterprise.

In addition to the Star, Torstar's Metroland Media Group has more than 100 smaller newspapers including the Waterloo Region Record, Guelph Mercury, Hamilton Spectator and numerous community weekly papers. Torstar also holds a 19 per cent stake in Black Press, which publishes more than 150 daily and weekly newspapers with 17 press centres in Western Canada, Washington and Hawaii, and a 20 per cent stake in CTVglobemedia.

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