One more publisher has left his post, this time from the Toronto Star. The New York Times has reported that Michael Goldbloom, publisher of the Toronto Star, has left his post. No reason was given, but the story hints that declining profits may have led to the resignation. In searching for profit, Torstar, the paper’s parent company, may have other areas of interest at the moment.
“Torstar has not been immune from the competitive pressures faced by newspapers. But in Torstarâ€™s case, much of the recent focus has been on improving performance at Harlequin Enterprises, its romance novel unit.”