TORONTO — One of the co-owners of Torstar Corp. says he is making"no apologies" for the way he runs the newspaper business after his business partner filed for a court order to wind up its parent company.
Bitove says he has focused on building a product centred on the trusted journalism that readers demand, while using that demand to build a sustainable business. In the court filing, Rivett claims Bitove changed his mind about previously agreed upon plans, failed to provide a budget at the Toronto Star, which he oversees as publisher, ignored proper corporate governance and disregarded his responsibilities to Torstar and Nordstar.