Torstar

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Torstar Corporation is a Canadian mass media company which primarily publishes news. It is known for publishing the Toronto Star, its flagship and namesake. It also publishes daily newspapers in Hamilton, Peterborough, Niagara Region, and Waterloo Region, in addition to their ownership of the Metroland Media Group and a 33.33% ownership of the Canadian Press. The corporation was established in 1958 to take over operations of the Star from the Atkinson Foundation after a provincial law banned charitable organizations from owning for-profit entities. From 1958 to 2020, the class A shares of Torstar were held by the families of the original Atkinson Foundation trustees. The private investment firm NordStar Capital LP, formed by Paul Rivett and Jordan Bitove, acquired the company in 2020. In 2022, Rivett left NordStar due to disputes with Bitove.