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Toronto Media Landscape and Personalities

What's the reason for all this cost-cutting?

BCE are not hurting financially at all.

Some money is good - more money is better. Gotta keep shareholders happy.
Saw a possible theory online today that the plan is to kill off AM radio...


I'm not too sure how plausible that is. That part of the spectrum is highly susceptible to noise and other interference; notwithstanding it would require a regulatory change and international cooperation.
 


Torstar is set to launch an online casino betting brand this year in the regulated Ontario online gaming market.

“We are excited at the prospect of participating in a regulated online Ontario gaming market with a made-in-Ontario product,” said Corey Goodman, Chief Corporate Development Officer at Torstar, in a press release. “As an Ontario-based media business and trusted brand for more than 128 years, we believe Torstar will provide a unique and responsible gaming brand that creates new jobs, offers growth for the Ontario economy and generates new tax revenue to help support important programs in our province.”

Last August, Torstar was purchased by NordStar Capital LP, a private investment firm owned by Jordan Bitove and Paul Rivett. It officially acquired Torstar on August 5, 2020.

According to the press information, the new ownership group has assembled a crack team to head up its new “iGaming” division including Don Bourgeois, former General Counsel for the Alcohol and Gaming Commission of Ontario.

The Ontario government has pledged to introduce legislation that would license private operators in the province’s online gaming market. It would be overseen by the Alcohol and Gaming Commission of Ontario.

“There are two reasons for our entry into this field,” said Paul Rivett, chair and co-owner of Torstar. “First, we want to ensure the new marketplace is well represented with a Canadian, Ontario-based gaming brand so that more of our players’ entertainment dollars stay in our province. Second, doing this as part of Torstar will help support the growth and expansion of quality, community-based journalism.”

According to the press release, the launch is pending approval from the Alcohol and Gaming Commission of Ontario and the setting of a launch date by the Ontario government.
 


Torstar is set to launch an online casino betting brand this year in the regulated Ontario online gaming market.

“We are excited at the prospect of participating in a regulated online Ontario gaming market with a made-in-Ontario product,” said Corey Goodman, Chief Corporate Development Officer at Torstar, in a press release. “As an Ontario-based media business and trusted brand for more than 128 years, we believe Torstar will provide a unique and responsible gaming brand that creates new jobs, offers growth for the Ontario economy and generates new tax revenue to help support important programs in our province.”

Last August, Torstar was purchased by NordStar Capital LP, a private investment firm owned by Jordan Bitove and Paul Rivett. It officially acquired Torstar on August 5, 2020.

According to the press information, the new ownership group has assembled a crack team to head up its new “iGaming” division including Don Bourgeois, former General Counsel for the Alcohol and Gaming Commission of Ontario.

The Ontario government has pledged to introduce legislation that would license private operators in the province’s online gaming market. It would be overseen by the Alcohol and Gaming Commission of Ontario.

“There are two reasons for our entry into this field,” said Paul Rivett, chair and co-owner of Torstar. “First, we want to ensure the new marketplace is well represented with a Canadian, Ontario-based gaming brand so that more of our players’ entertainment dollars stay in our province. Second, doing this as part of Torstar will help support the growth and expansion of quality, community-based journalism.”

According to the press release, the launch is pending approval from the Alcohol and Gaming Commission of Ontario and the setting of a launch date by the Ontario government.
What's the over/under on the number of years before someone on the board asks "why is our gambling business being weighed down by this newspaper crap," and they sell it off and/or shut it down?
 
Joseph Atkinson is rolling in his grave.

Nowhere in the Atkinson Principles states that the Toronto Star serves to trick the greedy into parting their wealth to the Toronto Star.

Also nowhere in said principles states that the Toronto Star website must keep playing the sound clip below ad infinitum:

 
Dick Smyth has died. Even having never really listened to radio much in my whole life (born in the 80's) or the TV news shows he was on, I know exactly who he is by his voice alone. Even by the standards of his time he was quite backwards though.

 
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Dick Smyth has died. Even having never really listened to radio much in my whole life (born in the 80's) or the TV news shows he was on, I know exactly who he is by his voice alone. Even by the standards of his time he was quite backwards though.


Yup, another right wing windbag.
 
It seems to have become a landing place for Canadian on-air people from previous decades -- Bob McCown, Ed The Sock, Mike Richards, and some others.
 
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Cam Wolley retired from CP24/CTV today.
There were many tributes to him on various shows, though no one mentioned the issues that resulted in him taking that job in the first place.
 

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