May 21, 2018 2:07 AM ET

Internet and Direct Marketing Retail

Company Overview of Star Media Group

Company Overview

Star Media Group publishes newspapers online. The company is based in Toronto, Canada. Star Media Group operates as a subsidiary of Toronto Star Newspapers Limited.

625 Church Street

Suite 600

Toronto, ON M4Y 2G1

Canada

Phone:

416-596-4393

Fax:

416-596-4360

Key Executives for Star Media Group

Vice-President of Business Development
Compensation as of Fiscal Year 2017.

Star Media Group Key Developments

Star Media Group Announces Unaudited Earnings Results for the Third Quarter Ended September 30, 2017

Star Media Group announced unaudited earnings results for the third quarter ended September 30, 2017. For the quarter, the company reported operating revenue of CAD 56,975,000 against CAD 63,909,000 a year ago. Adjusted EBITDA was CAD 58,000 against LBITDA of CAD 697,000 a year ago. Operating loss was CAD 3,620,000 against CAD 6,324,000 a year ago.

Star Media Group Announces Earnings Results for the Second Quarter of 2017

Star Media Group announced earnings results for the second quarter of 2017. For the quarter, adjusted EBITDA was $0.8 million, that's an improvement of $1.5 million from the second quarter of 2016. Revenues were $61.6 million were down $9.6 million or 13% in the second quarter of 2017, largely resulting from the weakness in the national advertising category in both the Toronto Star and Metro as well as local advertising revenues at the Toronto Star.

Star Media Group Appoints Two Independent Directors

Star Media Group has appointed Choong Tuck Oon and Wong You Fong as new independent and non-executive directors effective from 1 June 2017. Choong, 59 specialises in technology, strategy and transformation. He is active in ASEAN's digital start-up ecosystem, where he is regularly called upon to advise corporate professionals, universities and startups on innovations, fintech, media-tech, ecommerce, data analytics and new-age technologies. Wong, 46, is a practising lawyer with 21 years of experience and is currently with Messrs Wong You Fong & Associates.

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