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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Torstar delivers higher profits

Canada's Torstar Corp has reported an improved quarterly profit despite a 10.5% fall in advertising revenue at its flagship daily newspaper, the Toronto Star. But there was growth at both its book publishing and Metroland regional newspaper divisions. The company, which announced 250 job cuts earlier this year, expects to make substantial savings in the second half of the year. (Via Globe&Mail)

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