Torstar closes weekly magazine The Grid

Torstar announced that its city-focused publication The Grid will cease publication this week. The award-winning weekly magazine first launched in May 2011 and was named one of the world’s best designed newspapers by Society for News Design three years in a row.

According to a statement on thestar.com, The Grid has been unable to generate sufficient revenue due to the proliferation of new advertising vehicles that are available to marketers in today’s world.

Source: Toronto Star