DOCSLIB.ORG

2019 Q1 FS Press Release

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2019 Q1 FS Press Release PRESS RELEASE TORSTAR CORPORATION REPORTS FIRST QUARTER RESULTS TORONTO, ONTARIO – (CNW – May 8, 2019) – Torstar Corporation (TSX:TS.B) today reported financial results for the first quarter ended March 31, 2019. Highlights for the first quarter: • We continue to make progress on the transformation of our business. During the first quarter of 2019, we entered into an agreement with Apple to provide Toronto Star content on Apple News+, Apple's new paid subscription service that launched in Canada and the United States on March 25, 2019. Under this agreement, we receive a share of Apple News+ subscriber revenue and can also sell advertising against our content on the Apple News+ platform. • We continued to make good progress in paid digital subscription offerings on thestar.com and finished the quarter with more than 15,000 digital only subscribers. • We continued to grow our base of registered users in the community sites and continue to evaluate potential subscription models in three test markets in the Community Brands segment, and have fully rolled out paid subscriptions in one of these test markets. • We ended the first quarter of 2019 with $51.5 million of cash and cash equivalents and $8.9 million of restricted cash; Torstar has no bank indebtedness. • Our net loss attributable to equity shareholders was $7.4 million ($0.09 per share) in the first quarter of 2019. This compares to a net loss of $14.5 million ($0.18 per share) in the first quarter of 2018. • Adjusted loss per share was $0.06 in the first quarter of 2019. This compares to an adjusted loss per share of $0.20 in the first quarter of 2018. • Our segmented adjusted EBITDA was $12.1 million in the first quarter of 2019, up $10.3 million from the first quarter of 2018 and included the benefit of $18.0 million of digital media tax credits and the absence of $1.3 million of lease expense related to the accounting change for leases effective January 1, 2019. Excluding these two factors, segmented adjusted EBITDA loss in the Daily Brands segment was $6.2 million in the first quarter, compared to an adjusted EBITDA loss of $1.5 million in the first quarter of 2018 and segmented adjusted EBITDA loss in the Community Brands segment was $2.4 million, compared to adjusted EBITDA of $0.6 million in the first quarter of 2018. Segmented adjusted EBITDA in the Digital Ventures segment was $4.1 million in the first quarter, down $1.3 million relative to the first quarter of 2018, $0.4 million of which was related to the Workopolis sale in April 2018. • Segmented revenue was $131.2 million, down $16.2 million or 11% in the first quarter of 2019. “We continued to make good progress on our journey towards a digital future that combines the power of data with our deep roots in journalism to develop new and growing digital subscription and advertising revenue streams. We ended the quarter with over 15,000 digital only subscribers to thestar.com, which was in line with our expectations. We also announced an agreement with Apple which has the potential to allow us to generate revenue from a broader national audience. Results in the quarter however continued to reflect ongoing challenges in the print advertising market.” said John Boynton, President and CEO of Torstar. “Segmented adjusted EBITDA, excluding the benefit of digital media tax credits, was down $7.7 million as print advertising revenue trends worsened slightly in the quarter compared to our experience in recent quarters. At the same time, we remain pleased with the performance of our subscriber revenue and flyer distribution revenue which represent a significant portion of our revenue base, and remain relatively resilient. These categories are a source of strength for us as we focus our efforts on growing new digital revenue streams while managing declines in print advertising. We continue to manage costs carefully and remain focused on identifying ways to operate more efficiently across our operations to help pay for investments in new capabilities critical to our future. We ended the quarter with $52 million in cash, unchanged from a year ago." -1- The following chart provides a continuity of earnings per share from the first quarter of 2018 to the first quarter of 2019: Three months ended March 31 Adjusted Earnings (Loss) Per Share** Earnings (Loss) Per Share ($0.26) ($0.20) Loss per share from continuing operations attributable to equity shareholders in 2018 Changes • Adjusted EBITDA* 0.13 0.13 • Amortization and depreciation* (0.01) (0.01) Operating earnings (loss)* (0.14) (0.08) • Restructuring and other charges* 0.01 Operating loss* (0.13) (0.08) • Interest and financing costs 0.01 0.01 • Non-cash foreign exchange 0.02 • Loss from associated businesses (excluding VerticalScope) (0.01) (0.01) • Other 0.02 0.02 Loss per share attributable to equity shareholders in 2019 ($0.09) ($0.06) *Includes proportionately consolidated share of joint venture and VerticalScope's operations. These include Non-IFRS or additional IFRS measures. ** Refer to discussion of "Non-IFRS measures" including definition of adjusted earnings (loss) per share. OPERATING RESULTS –FIRST QUARTER 2019 The following tables set out, in $000’s, the segmented results for the three months ended March 31, 2019 and 2018: Three months ended March 31, 2019 Total Per Adjustments Consolidated Digital Total & Statement (in $000’s) Communities Dailies Ventures Corporate Segmented* Eliminations1 Loss Operating revenue $54,144 $64,262 $12,771 $131,177 ($15,195) $115,982 Salaries and benefits2 (18,569) (20,484) (4,854) ($1,671) (45,578) 5,038 (40,540) Other operating costs (25,965) (42,818) (3,773) (926) (73,482) 4,708 (68,774) Adjusted EBITDA** 9,610 960 4,144 (2,597) 12,117 (5,449) 6,668 Amortization & depreciation (3,935) (2,448) (10,218) (2) (16,603) 9,630 (6,973) Share based compensation (79) (23) (319) (313) (734) 734 Operating earnings (loss)** 5,596 (1,511) (6,393) (2,912) (5,220) 4,915 (305) Restructuring and other charges (1,839) (1,436) (63) (3,338) 4 (3,334) Operating profit (loss)** $3,757 ($2,947) ($6,456) ($2,912) ($8,558) $4,919 ($3,639) Net loss ($7,746) Three months ended March 31, 2018 Total Per Adjustments Consolidated Digital Total & Statement of (in $000’s) Communities Dailies Ventures Corporate Segmented* Eliminations1 Loss Operating revenue $59,765 $71,215 $16,428 $147,408 ($18,436) $128,972 Salaries and benefits3 (31,422) (29,944) (6,078) ($1,812) (69,256) 5,990 (63,266) Other operating costs (27,768) (42,737) (4,995) (855) (76,355) 5,423 (70,932) Adjusted EBITDA** 575 (1,466) 5,355 (2,667) 1,797 (7,023) (5,226) Amortization & depreciation (3,002) (3,107) (9,529) (15,638) 8,958 (6,680) Share based compensation (92) (57) (181) (349) (679) 679 Operating earnings (loss)** (2,519) (4,630) (4,355) (3,016) (14,520) 2,614 (11,906) Restructuring and other charges (1,553) (2,595) (261) (4,409) 405 (4,004) Operating loss** ($4,072) ($7,225) ($4,616) ($3,016) ($18,929) $3,019 ($15,910) Loss from continuing operations ($20,860) Income from discontinued operations $6,300 Net loss ($14,560) -2- 1Reflects adjustments and eliminations of proportionately consolidated results of, and transactions with joint ventures and VerticalScope Holdings Inc. ("VerticalScope"). 2 Salaries and benefits for the first quarter of 2019 included the recovery of $18.0 million of Digital Media Tax Credits ($11.2 million in the Communities segment and $6.8 million in the Dailies segment) 3Salaries and benefits for the first quarter of 2018 included the recovery of $0.3 million of Digital Media Tax Credits in the Dailies segment. * Includes proportionately consolidated share of joint venture operations and VerticalScope . ** These are non-IFRS or additional IFRS measures, see “Non-IFRS measures”. Revenue Segmented revenue was $131.2 million, down $16.2 million or 11% in the first quarter of 2019. During the first quarter of 2019, subscriber revenues increased 1%, flyer distribution revenues decreased 6% and print advertising revenues decreased 21% respectively from the prior year. Digital advertising revenues in the first quarter were down 14% compared to the prior year reflecting the absence of $2.2 million of revenue from Workopolis following the sale in April 2018 as well as lower revenues at VerticalScope and eyeReturn. Revenues at VerticalScope continued to be impacted by reductions in search related traffic volumes. Digital revenues were 19% of total revenue in the first quarter of both 2019 and 2018. Operating revenue (excluding our proportionate share of revenues from our joint ventures and our 56% interest in VerticalScope) was down $13.0 million or 10% in the first quarter of 2019 as compared to 2018. The following charts provide a breakdown of total segmented operating revenue: Communities Dailies Digital Ventures Total Three months ended March 31, 2019 $ % $ % $ % $ % Print advertising $18,984 35% $22,176 35% $41,160 31% Digital advertising 5,907 11% 5,716 9% $12,771 100% 24,394 19% Flyer distribution 19,713 36% 4,721 7% 24,434 19% Print and digital subscriber 103 29,510 46% 29,613 23% Other 9,437 18% 2,139 3% 11,576 8% Total $54,144 100% $64,262 100% $12,771 100% $131,177 100% Communities Dailies Digital Ventures Total Three months ended March 31, 2018 $ % $ % $ % $ % Print advertising $22,811 38% $29,155 41% $51,966 35% Digital advertising 6,145 10% 5,784 8% $16,428 100% 28,357 19% Flyer distribution 21,535 36% 4,568 6% 26,103 18% Print and digital subscriber 119 29,356 41% 29,475 20% Other 9,155 16% 2,352 4% 11,507 8% Total $59,765 100% $71,215 100% $16,428 100% $147,408 100% Adjusted EBITDA Our segmented adjusted EBITDA was $12.1 million in the first quarter of 2019, up $10.3 million from the first quarter of 2018 and included the benefit of $18.0 million of digital media tax credits and the absence of $1.3 million of lease expense related to the accounting change for leases effective January 1, 2019.
Load more

Recommended publications
  • Co-Housing Brings People Together in Unexpected Ways—As Long As They
    This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com Manage Profile Co-housingSubscriptions brings people together in unexpected ways—as long as they can Billing Information a!ord the price-tag, advocates say Sign Out By PERRIN GRAUER StarMetro Vancouver Sun., April 29, 2018 VANCOUVER—The often-steep cost to get into a co-housing community is offset by social benefits that can’t be measured in dollars, community members and advocates said at an event in Vancouver on Sunday. Mackenzie Stonehocker, a member of the Driftwood Village co-housing group in North Vancouver, explained that because a co-housing unit typically costs the same as any home in a city, people can find affordability a problem. Subscribe to The Star for just 99¢ for your first month Subscribe Now Mackenzie Stonehocker, a member of the Driftwood Village co-housing community in North Vancouver, acknowledges the financial barrier to purchasing a unit in such a community can be high. But, she says, the benefits that come from working closely and patiently with neighbours of all ages on shared projects are immeasurable. (PERRIN GRAUER / PERRIN GRAUER STARMETRO) “If it costs the same as market housing, it’s just too expensive,” she told StarMetro in an interview during a Simon Fraser University conference Sunday. She said the initial costs tend to be balanced by the perks of shared accommodation. “You’re building common spaces,” Stonehocker said.
    [Show full text]
  • Forward Looking Statements
    TORSTAR CORPORATION 2020 ANNUAL INFORMATION FORM March 20, 2020 TABLE OF CONTENTS FORWARD LOOKING STATEMENTS ....................................................................................................................................... 1 I. CORPORATE STRUCTURE .......................................................................................................................................... 4 A. Name, Address and Incorporation .......................................................................................................................... 4 B. Subsidiaries ............................................................................................................................................................ 4 II. GENERAL DEVELOPMENT OF THE BUSINESS ....................................................................................................... 4 A. Three-Year History ................................................................................................................................................ 5 B. Recent Developments ............................................................................................................................................. 6 III. DESCRIPTION OF THE BUSINESS .............................................................................................................................. 6 A. General Summary................................................................................................................................................... 6 B.
    [Show full text]
  • Newspaper Topline Readership - Monday-Friday Vividata Summer 2018 Adults 18+
    Newspaper Topline Readership - Monday-Friday Vividata Summer 2018 Adults 18+ Average Weekday Audience 18+ (Mon - Fri) (000) Average Weekday Audience 18+ (Mon - Fri) (000) Title Footprint (1) Print (2) Digital (3) Footprint (1) Print (2) Digital (3) NATIONAL WINNIPEG CMA The Globe and Mail 2096 897 1544 The Winnipeg Sun 108 79 46 National Post 1412 581 1022 Winnipeg Free Press 224 179 94 PROVINCE OF ONTARIO QUÉBEC CITY CMA The Toronto Sun 664 481 317 Le Journal de Québec 237 170 100 Toronto Star 1627 921 957 Le Soleil 132 91 65 PROVINCE OF QUÉBEC HAMILTON CMA La Pressea - - 1201 The Hamilton Spectator 232 183 91 Le Devoir 312 149 214 LONDON CMA Le Journal de Montréal 1228 868 580 London Free Press 147 87 76 Le Journal de Québec 633 433 286 KITCHENER CMA Le Soleil 298 200 146 Waterloo Region Record 133 100 41 TORONTO CMA HALIFAX CMA Metro/StarMetro Toronto 628 570 133 Metro/StarMetro Halifax 146 116 54 National Post 386 174 288 The Chronicle Herald 122 82 61 The Globe and Mail 597 308 407 ST. CATHARINES/NIAGARA CMA The Toronto Sun 484 370 215 Niagara Falls Review 48 34 21* Toronto Star 1132 709 623 The Standard 65 39 37 MONTRÉAL CMA The Tribune 37 21 23 24 Heures 355 329 60 VICTORIA CMA La Pressea - - 655 Times Colonist 119 95 36 Le Devoir 185 101 115 WINDSOR CMA Le Journal de Montréal 688 482 339 The Windsor Star 148 89 83 Métro 393 359 106 SASKATOON CMA Montréal Gazette 166 119 75 The StarPhoenix 105 61 59 National Post 68 37 44 REGINA CMA The Globe and Mail 90 46 56 Leader Post 82 48 44 VANCOUVER CMA ST.JOHN'S CMA Metro/StarMetro Vancouver
    [Show full text]
  • Torstar Corporation
    Torstar Announces Restatement of Prior- Period Management's Discussion and Analysis TORONTO, Oct. 30, 2019 /CNW/ - Torstar Corporation (TSX:TS.B) today announced that in connection with a continuous disclosure review by staff of the Corporate Finance Branch of the Ontario Securities Commission, it has revised its approach with respect to its disclosure of certain non-IFRS financial measures in its Management's Discussion & Analysis ("MD&A"), including the segment presentation and discussion of joint ventures and its interest in VerticalScope Holdings Inc. ("VerticalScope"), in order to give greater prominence to IFRS financial measures. Torstar has also refiled its MD&A for the year ended December 31, 2018 (the "amended 2018 Annual MD&A") on www.sedar.com to reflect this revised approach. Torstar no longer presents its discussion and analysis of its operations on a basis which includes its proportionate interest in joint ventures and its 56% interest in VerticalScope. Discussion of VerticalScope's results is now included in "Income (Loss) from Associated Businesses" and the discussion of operations of our joint ventures is included in "Income (Loss) from Joint Ventures". Torstar no longer presents or discusses the operating results of the Digital Ventures segment separately as the segment without the inclusion of VerticalScope is too small to be considered a reportable segment. The balance of the Digital Ventures segment, consisting of eyeReturn Marketing Inc., is now included in "Corporate & Other". As part of this revised approach, in its MD&A for the three and nine-month periods ended September 30, 2019, Torstar has restated certain historical disclosure from its MD&As for the three-month period ended March 31, 2019 and the three and six-month periods ended June 30, 2019.
    [Show full text]
  • Top 5 Players
    Canada’s Top Media, Internet & Telecom Wireline % MARKET SHARE Wireless Companies by Market Share (2017) Internet Access Cable cmcrp.org | [email protected] Broadcast TV & Pay TV 47% 31% Radio Newspaper & Magazine 25% Internet Advertising & Subscriptions Over-the-top (OTT) Subscriptions 16.5% 29% 27.5% 28% 29% 16.5% 0.1% Twitter 30% 1.4% 21% Wireline 3% 12% 0.1% GROUPE Wireless CAPITALE 33% 11% 9% Internet Access MEDIA 15% Cable 5% 18% Wireline Broadcast TV & Pay TV 13% Wireless Radio 72.5% Internet Access Over the top (OTT) Subscriptions 0.2% POWER CORP 7.3% Cable 12% 6% 8% top 5 players5% 2% Wireline 12% Wireless 23% Internet Access 0.8% EastLink control 72.5 % of the entire15% media economy* Cable 3% GLOBE & MAIL 8% Broadcast TV & Pay TV 2% 0.2% Wireline Radio 0.9% POSTMEDIA 1% 7% Magazines Wireless 1.4% SaskTel 30% 4.7% Internet Access 2.0% Facebook 1% Cable 2% Broadcast TV & Pay TV 23.3% 3% Radio 2% 0.9% TORSTAR 9% 2% 27% 12% 2% 1.0% NETFLIX 6% Wireline 4.3% Google Wireless 2.0% CBC 1.6% COGECO 7% Internet Access 6% 6% Cable 85% Broadcast TV & Pay TV Newspaper & Magazine 50% *market share is based 16% 16% on revenue 1% 5% 0.1% CONTENT OWNERSHIP: BELL Discovery World HD) TSN Radio, Énergie and Sportsnet (formerly Rogers SHAW Fyi (Twist TV) TreeHouse TV addikTV (formerly Mys- Canadian Living Calgary Herald The Hamilton Spectator POWERCORP Broadcast TV & Pay TV E! (formerly Star! TV) Rouge FM brands Sportsnet) & Hockey Night in Canada Broadcast TV & Pay TV H2 (The Cave, Men TV) Univision Canada tère) Clin d’oeil Cornwall Standard Freeholder Niagara Falls Review La Press CTV (22 stations, 2 affiliates) ESPN Classic OTT Subscription Sportsnet One Global (15 stations, 3 affiliates) HGTV Canada W Network Canal Indigo Coup de pouce Edmonton Journal Peterborough Examiner CTV Two (7 stations, 2 regional MTS Video on Demand CraveTV Sportsnet PPV ABC Spark History Television YTV Casa - (formerly Les idées de Échos vedettes London Free Press St.
    [Show full text]
  • Overview of Results: Fall 2019 Study
    Overview of Results: Fall 2019 Study November 2019 STUDY SCOPE – Fall 2019 10 Provinces / 5 Regions / 41 Markets • 39,803 Canadians aged 14+ • 39,030 Canadians aged 18+ # Market Smpl # Market Smpl # Market Smpl # Provinces 1 Montreal (MM) 4956 17 Regina (MM) 671 33 Prince George (LM) 244 1 Alberta 2 Toronto (MM) 4633 18 St. John's (MM) 419 34 Sault Ste. Marie (LM) 242 2 British Columbia 3 Vancouver (MM) 3638 19 Thunder Bay (LM) 291 35 Sarnia (LM) 241 3 Manitoba 4 Ottawa/Gatineau (MM) 2310 20 Brantford (LM) 284 36 Summerside (LM) 235 4 New Brunswick 5 Calgary (MM) 1929 21 Kingston (LM) 274 37 Timmins (LM) 235 5 Newfoundland and Labrador 6 Edmonton (MM) 1883 22 Saint John (LM) 274 38 Sherbrooke (MM) 234 6 Nova Scotia 7 Winnipeg (MM) 1020 23 Belleville (LM) 269 39 Owen Sound (LM) 232 7 Ontario 8 Quebec City (MM) 1003 24 Cape Breton (LM) 267 40 Saguenay (MM) 220 8 Prince Edward Island 9 Hamilton (MM) 943 25 Peterborough (LM) 267 41 Trois-Rivières (MM) 220 9 Quebec 10 Kitchener (MM) 847 26 Sudbury (LM) 264 10 Saskatchewan 11 London (MM) 827 27 Chatham (LM) 254 12 Halifax (MM) 732 28 Brandon (LM) 253 # Regions 13 St. Catharines / Niagara MM 721 29 Charlottetown (LM) 248 1 Atlantic 14 Victoria (MM) 712 30 Cornwall (LM) 247 2 British Columbia 15 Windsor (MM) 687 31 Granby (LM) 245 3 Ontario 16 Saskatoon (MM) 682 32 North Bay (LM) 244 4 Prairies 5 Quebec (MM) = Major Markets (LM) = Local Markets 2 TITLES REPORTED MAGAZINES (61) • The Daily Press • La Voix de l’Est • • • Air Canada enRoute • Style at Home • Vivre Mieux The Edmonton Sun Le Devoir
    [Show full text]
  • 2018 Q1 FS Press Release
    PRESS RELEASE TORSTAR CORPORATION REPORTS FIRST QUARTER RESULTS TORONTO, ONTARIO – (Marketwired – May 9, 2018) – Torstar Corporation (TSX:TS.B) today reported financial results for the first quarter ended March 31, 2018. Highlights for the first quarter: • On April 12, 2018, Workopolis.com and Workopolis' related assets were sold to Recruit Holdings Co., Ltd. Following the sale and subsequent wind up of the remaining Workopolis business, we estimate the net proceeds will be in the range of $2 million to $4 million. • As part of our transformation plan, on April 10, 2018, we launched a major national expansion with a reinvention of our Metro urban commuter newspapers and more robust digital offerings on thestar.com in Vancouver, Calgary, Edmonton, Toronto, Halifax and nationally. This expansion leverages the Star brand and its history and unique position of local and investigative reporting. • Ended the first quarter of 2018 with $51.5 million of cash and cash equivalents and $7.7 million of restricted cash; Torstar has no bank indebtedness. • Our net loss attributable to equity shareholders was $14.5 million ($0.18 per share) in the first quarter of 2018 an improvement relative to a net loss of $24.3 million ($0.30 per share) in the first quarter of 2017. • Our net loss from continuing operations in the first quarter of 2018 was $20.9 million ($0.26 per share) compared to a net loss of $24.4 million ($0.30 per share) in the first quarter of 2017. • Adjusted loss per share was $0.20 in the first quarter of 2018, an improvement of $0.02 per share relative to the first quarter of 2017.
    [Show full text]
  • 2018 Q2 FS Press Release
    PRESS RELEASE TORSTAR CORPORATION REPORTS SECOND QUARTER RESULTS TORONTO, ONTARIO – (Marketwired – August 1, 2018) – Torstar Corporation (TSX:TS.B) today reported financial results for the second quarter ended June 30, 2018. Highlights for the second quarter: • As part of our transformation plan, on April 10, 2018, we launched a major national expansion with more robust digital offerings on thestar.com in Vancouver, Calgary, Edmonton, Toronto and Halifax aimed at driving future digital subscription revenues. This expansion leverages the Star brand and its history and unique position of local and investigative reporting. • On April 12, 2018, Workopolis.com and Workopolis' related assets were sold to Recruit Holdings Co., Ltd. Following the sale and subsequent wind up of the remaining Workopolis business, we estimate that the net proceeds will be in the range of $3.5 million to $4.0 million, with $3.2 million of proceeds received to date. • Ended the second quarter of 2018 with $49.4 million of cash and cash equivalents and $7.7 million of restricted cash; Torstar has no bank indebtedness. • Our net income attributable to equity shareholders was $4.8 million ($0.06 per share) in the second quarter of 2018 an improvement relative to a net loss of $7.0 million ($0.09 per share) in the second quarter of 2017. • Our net income from continuing operations in the second quarter of 2018 was $4.8 million ($0.06 per share) compared to a net loss of $7.5 million ($0.10 per share) in the second quarter of 2017. • Adjusted earnings per share was $0.16 in the second quarter of 2018, an improvement of $0.19 per share relative to the second quarter of 2017.
    [Show full text]
  • T-1364-21 FEDERAL COURT B E T W E E N: REBEL NEWS NETWORK LTD. Applicant
    T-1364-21 FEDERAL COURT B E T W E E N: REBEL NEWS NETWORK LTD. Applicant - and - CANADA (LEADERS’ DEBATES COMMISSION/COMMISSION DES DEBATS DES CHEFS) and THE ATTORNEY GENERAL OF CANADA Respondents AFFIDAVIT OF EZRA LEVANT I, EZRA LEVANT, of the City of Toronto, in the Province of Ontario, AFFIRM AND SAY: 1. I am the founder and principal of the Applicant, Rebel News Network Ltd. (“Rebel News”). As such, I have personal knowledge of the matters described in my affidavit. Where my information is based on information obtained from others, I have indicated the source of that information and believe it to be true. BACKGROUND 2. This Application is for judicial review of the decisions of the Leaders’ Debate Commission (the “Commission”), refusing Rebel News’s application for the media accreditation required to cover the official French Language Federal Leaders’ Debate taking place Wednesday, September 8, 2021, and the English Language Federal Leaders’ Debate taking place Thursday, September 9, 2021 (collectively, the “Debates”). 3. On or about August 16, 2021, the Commission published a press release inviting media representatives to apply for accreditation (the “Accreditation”) for the Debates. The press release also provided instructions to media representatives who wished to cover the debates, noting that they must apply for accreditation by sending an email to [email protected]. The period during which media representatives would be allowed to apply for Accreditation spanned ten (10) days, closing at 23:59 EDT on August 25, 2021 (the “Announcement”). Attached and marked as Exhibit “01” is a copy of media Accreditation Announcement.
    [Show full text]
  • Media Report Dec
    December 10 - 12, 2018 MEDIA Toronto Global Forum REPORT Media Report Dec. 10 – 12, 2018 Toronto Global Forum Contents Media Analysis .................................................................................................. 3 Sources 3 Topics and Tone 4 Media Turnout and Pre-Booked Media Availabilities 4 Annex ................................................................................................................ 5 Annex 1: Accredited Media 5 Annex 2: Total Media Coverage 6 2 Media Report Dec. 10 – 12, 2018 Toronto Global Forum MEDIA ANALYSIS Sources This year, we tracked 112 unique news articles and broadcast stories featuring the Toronto Global Forum. These stories were distributed through 381 individual news outlets. Including reprints in multiple outlets, a total of 649 articles were published or broadcast on this event, reaching a total audience of 336,172,873 readers. This is an 11% increase from 2017’s total of 303,418,760 million readers. Media Coverage by Type The trend of steady coverage growth year-over-year continues despite the difficulty to properly track Broadcast some articles, given media tools’ inability to properly 6% Print identify stories in other languages and from foreign 12% countries. The majority of news coverage was hosted online: 82% of the coverage was web-based (totaling 531 articles.) Print articles represented 12% of the coverage (75) and were often reprinted online. We were only able to track 43 broadcast stories totalling only 6% of coverage. The low broadcast coverage Online numbers can be attributed to continued changes in 82% Canadian broadcasting that see a shift away from sending shows to conduct onsite interviews. A total of 381 media outlets covered the event and articles were published in 23 countries. Media Coverage: Country Reach Articles published in 23 countries and 5 continents 3 Media Report Dec.
    [Show full text]
  • House Returns to New Digs, As Mps Ramp up for Feisty Final Sitting Before
    THIRTIETH YEAR, NO. 1601 CANADA’S POLITICS AND GOVERNMENT NEWSPAPER WEDNESDAY, JANUARY 30, 2019 $5.00 Liberal gun bill What Phoenix: after three McCallum set to get rough Trudeau years, departments still inputting HR fi red for ride in Senate p. 6 must data do to months telling the boost the past economy deadline: truth Whittington Qualtrough Editorial p. 8 p. 9 p. 4 News Public serviceOpinion Hill renos News Politics PSAC concerned Brison’s Nova about plan to House returns to new digs, Scotia riding privatize heating as MPs ramp up for feisty ‘diffi cult’ for plants serving Liberals to hold: the Hill, 80-plus ex-Grit minister federal buildings fi nal sitting before election BY SAMANTHA WRIGHT ALLEN in national capital New home: Deputy sergeant-at-arms ith seven-time MP Scott Pat McDonell leads BY EMILY HAWS WBrison out of the picture in House Speaker Kings-Hants, N.S., this fall, the Geoff Regan into the he Public Service Alliance of riding is “one to watch” in Atlan- House of Commons tic Canada and a “diffi cult” win TCanada is pressuring the gov- interim Chamber ernment to drop its plan to contract for the Liberals, says a former in West Block in Chrétien-era cabinet minister. out work on fi ve heating plants that the fi rst Speaker's serve more than 80 buildings in the A well-liked representative for parade in the the riding north of Halifax, Mr. National Capital Region, saying renovated building that the proposed public-private Brison’s longevity was a credit to on Jan.
    [Show full text]
  • 2019 Annual Information Form
    TORSTAR CORPORATION 2019 ANNUAL INFORMATION FORM March 20, 2019 TABLE OF CONTENTS FORWARD LOOKING STATEMENTS ....................................................................................................................................... 1 I. CORPORATE STRUCTURE .......................................................................................................................................... 4 A. Name, Address and Incorporation .......................................................................................................................... 4 B. Subsidiaries ............................................................................................................................................................ 4 II. GENERAL DEVELOPMENT OF THE BUSINESS ....................................................................................................... 4 III. DESCRIPTION OF THE BUSINESS .............................................................................................................................. 6 A. General Summary................................................................................................................................................... 6 B. Principal Activities ................................................................................................................................................. 7 1. Daily Brands ................................................................................................................................................... 7
    [Show full text]