Torstar grows digital subscriptions by 50 per cent

Torstar has announced that it saw a 50 per cent rise in paid digital subscriptions in the first quarter, as the company continues to build its digital strategy with offerings including a partnership with tech giant Apple.

The company said it ended the quarter with over 15,000 digital-only paid subscribers on, up from almost 10,000 at the end of 2018. It also ended the quarter with over 112,000 registered users on their community news sites or almost 5 per cent of the households.

Torstar president and CEO John Boynton said that Torstar is he will focus on transforming Torstar Corp. into a “journalism and data company.”

“At Torstar we are known for the excellence of our journalism. Now we have added data,” he said, noting that data is a resource that should differentiate the Toronto Star’s owner and help it to build a more sustainable business model.

You can read more about the latest quarterly earnings here.