Talk:Torstar

Missing citation for Past Investments - JCI Technologies
The cited material comes from the JCI Technologies article on Wikipedia that has been deleted, so more skilled users will be able to find that article and complete the citation. I'd added a lot of cited content to the JCI Technologies page and I'm not sure why that article was deleted. In my view it was a little known but critical historical event in Canadian internet/publishing history and JCI is long gone but it was an important part of the historical timeline in the ongoing and slow demise of the newspaper publishing business in Canada. I knew none of the people involved and never worked for any of the companies involved but once did subscribe to newspapers and did read newspapers and once invested a negligible sum in JCI, so I was aware of the story and thought it was an important little known fact that should be recorded like a lost battle in a war which potentially changed the course of history. AlbertaSunwapta (talk) 17:01, 3 February 2016 (UTC)

Missing citation for Past Investments - JCI Technologies
Below is one of the links from the JCI Technologies article on Wikipedia. Note the reference article's date of Nov 27, 1995. This is early in the rise of the internet so naturally there would not have been much coverage on the internet at the time let alone surviving to today. That's why I suppose many early events in the rise of the internet are destined for deletion. Additionally, I still really don't understand how a historical wikipedia article can be deemed a "promotional" piece and subjected to deletion. "Delete as seems more promotional than anything. –Davey2010 • (talk) 21:57, 29 July 2014 (UTC)" https://en.wikipedia.org/wiki/Wikipedia:Articles_for_deletion/JCI_Technologies

NOTE: In terms of internet history, JCI Technologies predated the Internet Archive non-profit's Wayback Machine* and I believe more than half a decade before Wikipedia itself. Here's the Archive.org record:

https://web.archive.org/web/*/http://www.jcitech.com

JCI Tech to launch services JCI Technologies of Victoria is poised to become Canada's largest electronic publisher early next year with the nationwide launch of two new Internet services.RealtyMatch, which has been up and running with 8,000 home listings on Vancouver Island for the past two...

By Patti Summerfield November 27, 1995 JCI Technologies of Victoria is poised to become Canada’s largest electronic publisher early next year with the nationwide launch of two new Internet services.

RealtyMatch, which has been up and running with 8,000 home listings on Vancouver Island for the past two months, will begin its move across the country in January.

Also early in the new year, AutoMatch, now being beta tested with content from 30 car dealers in Victoria and Vancouver, will be up and running nationally.

jci, one of only two Canadian content providers to the Microsoft Network, began its first service, JobMatch, nearly three years ago using ivr (Interactive Voice Response) technology...."

Geoffrey Edmunds, president and chief executive officer of jci, says ‘the main three things that affect people are their job, their home and their car.

‘If we can secure those three things, we become probably the biggest electronic publisher in this country,’ Edmunds says.

..."

Source: http://strategyonline.ca/1995/11/27/11487-19951127/

Also pg 83 here: https://books.google.ca/books?id=vtDhVXAkpxcC&pg=PA83&lpg=PA83&dq=%22jci+technologies%22+torstar&source=bl&ots=eNZe_VS76K&sig=WTkFRkk5PKfr9UDZYPufHmDrSzg&hl=en&sa=X&ved=0ahUKEwiN5ICyva_XAhUGS2MKHYPiARoQ6AEISTAF#v=onepage&q=%22jci%20technologies%22%20torstar&f=false

TORSTAR CORPORATION ANNUAL REPORT 1996 http://globaldocuments.morningstar.com/documentlibrary/document/b3102b5a5422eac2.msdoc/original

"settling in Victoria where he formed a company designed to handle help-wanted advertising through the Internet. Jobs Canada Inc. became JCI Technologies Inc. as realty and automobile listings were added to the service.

Torstar, Southam and Microsoft all invested, or had arrangements with the firm, but Mr. Edmunds said his company became doomed once Conrad Black increased his control of Southam to 41 from 19 per cent in 1996. Mr. Black had no interest in online classifieds, Mr. Edmunds claimed, leading other investors to bail out.

The news broke and the bubble popped. "The stock crashed. And I had $12-million worth of stock. I woke up the next day and it was gone. Then I had to fire 135 guys. That was brutal."..." https://beta.theglobeandmail.com/news/national/a-rock-n-roll-ceo-goes-back-to-his-down-home-boogie-roots/article790367/?ref=http://www.theglobeandmail.com&

"For the Record: Southam buys into JCI By Strategy Staff February 5, 1996 Southam, which owns 17 daily and 33 weekly newspapers, has invested $4.5 million to take an equity position in JCI Technologies of Victoria.

Torstar put $4 million into jci early last year. Together the two newspaper groups hold 51% of jci, which operates online consumer information services JobMatch, RealtyMatch and AutoMatch.

Southam and Torstar want to use their partnerships with jci to provide added value to their classified advertising customers by offering online distribution." http://strategyonline.ca/1996/02/05/11701-19960205/

"The addition of these two boards adds a further 2,000 listings to the already existing 270,000 listings accessible on the site, servicing over 33,000 agents and 4,000 real estate offices, making it the largest real estate web site in Canada and one of the largest in the world.

MLS(R) Online(TM) receives in excess of 16,000,000 'hits' per month, and advertising on the site has increased with every major Canadian bank now participating on the site under monthly contract. " source: http://www.siliconinvestor.com/readmsg.aspx?msgid=4833138

"The answer to this question is quite simple...they have been victims of circumstance for the last two years. Back in 1996 JCI was trading over 3 dollars a share. the two largest shareholders were Torstar and Southam Corp. They were the primary financers for JCI, and were extremely excited about the future potential of the company. Torstar and Southam enjoyed a great relationship with eachother, as well as JCI. Unfortunately, Southam was taken over by Hollinger ( owners of The Toronto Sun amongst other papers). This caused a problem, as Hollinger and Torstar were bitter enemies for obvious reasons. They battled for quite some time and the stock of JCI began..." http://www.siliconinvestor.com/readmsg.aspx?msgid=4571379


 * "We began in 1996 by archiving the Internet itself, a medium that was just beginning to grow in use. Like newspapers, the content published on the web was ephemeral - but unlike newspapers, no one was saving it. Today we have 20+ years of web history accessible through the Wayback Machine and we work with 450+ library and other partners through our Archive-It program to identify important web pages."

AlbertaSunwapta (talk) 18:22, 8 November 2017 (UTC)AlbertaSunwapta

Fair use rationale for Image:Torstar.gif
Image:Torstar.gif is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.

Please go to the image description page and edit it to include a fair use rationale. Using one of the templates at Fair use rationale guideline is an easy way to insure that your image is in compliance with Wikipedia policy, but remember that you must complete the template. Do not simply insert a blank template on an image page.

If there is other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images lacking such an explanation can be deleted one week after being tagged, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you.

BetacommandBot (talk) 07:06, 15 January 2008 (UTC)

Do we need such a LONG section about the objection to the sale?
Not sure who added all of the specifics about the motion by Canadian Modern Media Holdings Inc. to cancel the sale, or why so much detail was necessary. (And one long paragraph has no citation to confirm the content).

In any event, the amount of content about CMMH is excessive.

...particularly now that the motion has been quashed by the Ontario Superior Court of Justice (Divisional Court). "Having carefully read the material filed and considered the submissions of the parties, I have concluded that the motion for a stay of the order ... must be dismissed." https://www.thestar.com/business/2020/07/30/court-considers-temporary-hold-on-nordstar-takeover-of-toronto-star-publisher.html Peter K Burian (talk) 14:48, 1 August 2020 (UTC)


 * This entire section has no citation to confirm. (And consumes far too much space).

Late in the evening on July 27, an Ontario court approved the $60-million takeover of Torstar Corp. by private equity firm NordStar Capital LP over the objections of the rival bidding group, which immediately said it planned to appeal the judge’s decision. [40] Ontario Superior Court Justice Cory Gilmore ruled NordStar, controlled by entrepreneurs Jordan Bitove and Paul Rivett, could close their purchase of Torstar, setting aside requests from competing bidder Canadian Modern Media Holdings Inc. to re-open an auction of the company. CMMH had formalized its rumoured bid the previous Monday, having submitted a formal offer for 80 cents per share for Torstar on July 20, more than a week after the families and Fairfax pledged their support to NordStar.

Canadian Modern Media Holdings Inc. had complained that shareholders were not given the opportunity to assess that bid, and that the nondisclosure agreements (NDA) they were subject to prevented the details from being made public. After the ruling, CMMH said it would seek leave to appeal the decision, saying it still believes that the NordStar deal is "neither fair nor reasonable." As such, CMMH stated it expects to "immediately commence an appeal of today’s decision and will seek a stay of Justice Gilmore’s decision, preventing the closing of the plan, pending the determination of the appeal." Peter K Burian (talk) 14:51, 1 August 2020 (UTC)

VerticalScope
VerticalScope isn't part of Torstar anymore:

https://www.thestar.com/business/torstar-owned-tech-company-verticalscope-goes-public-at-22-a-share/article_cc230a5d-0f6b-58d3-b105-fdbaddebfe9d.html

It's now a public company and is publicly traded under the ticker FORA, I'd like to propose a modification to the VerticalScope section. https://money.tmx.com/en/quote/FORA

I propose: - The redirects be removed for the term 'VerticalScope' and 'VerticalScope Inc' as they reference torstar's section on it when searched - A section be added to the VerticalScope section about how VerticalScope in June of 2021 went public, and as a result is no longer part of Torstar

I would then suggest a new wiki article for VerticalScope itself. - Propose a new wiki article be made for VerticalScope that has the full history of that company, before and after the torstar investment, and that is up to date with relevant data and recent citations.

I work for VerticalScope and can provide the full history, with proper citations.

Thoughts? Msalernovscope (talk) 13:27, 23 March 2024 (UTC)


 * What I propose adding to the VerticalScope section, along with removing the VerticalScope redirects. Are there any objections?
 * As of June of 2021, VerticalScope was taken public and through an IPO and is now publicly traded under the ticker FORA on the Toronto Stock Exchange https://money.tmx.com/en/quote/FORA. As part of that IPO, Torstar ceased owning VerticalScope. Msalernovscope (talk) 17:43, 26 March 2024 (UTC)