How long can the losses go on? The Gossip email 1236 says:
Torstar losses get steeper just in time for the CEO to retire. The publisher lost a lot more money last quarter. But the plan is for Star Touch not to lose more in 2017, something that’s most easily achieved by closing it down (they’ve spent nearly $35 million on the tablet app so far). Departing chief executive David Holland claimed a commitment to it, even though the Star’s publisher, Torstar’s head of digital and the editor in charge of Star Touch all left the company in the year since its launch.
