Not radio related, but one of the most important media voices in the city. I've heard reports (unconfirmed though they may be) that the Toronto Star is losing up to a million dollars a month. That's obviously unsustainable if true and perhaps explains why the printed version of the paper is becoming increasingly thin.

But new sole owner Jordan Bitove insists this Star still shines bright and will continue to, despite the woes of the newspaper industry. 

"This isn't some guy just throwing money at a situation. I've got an incredible team… But the biggest thing that I just want to touch on was that whole area of — we had all these other distractions, and we are burning millions of dollars, tens of millions, and we're eliminating all that. It's now all focused on journalism."

How Jordan Bitove Plans To 'Resurrect' The Toronto Star

And since this forum is about broadcasting, fair to mention that without the local newspapers - especially the Star, the Sun and the Globe - most of the radio talk show hosts in this city would have a lot less to say if they couldn't crib topics from them. I often wonder if there was a "Newspaper Strike," as happened in the old days, what they would be left to fill their shows with.

So in that sense, radio is hoping as many of the papers as possible survive.