Media company Torstar Corp. is ending a short-lived venture into small business media coverage, with the closure of two paywalled websites.
The publisher of the Toronto Star and several other dailies notified staff at YourMississaugaBiz.com and YourHamiltonBiz.com that both sites would cease operations effective immediately.
About 15 employees are affected by the decision, said Bob Hepburn, a spokesman for the media company.
“It’s a business decision based on the economic conditions,” he said in a phone interview.
The YourMississaugaBiz website launched last year while YourHamiltonBiz began operating in January.
Both went behind a paywall earlier this year, and readers could subscribe to each website for about $30 per month.
