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St. Joseph Media buys

St. Joseph Media has acquired, an online news service aimed at residents of the city of Toronto. No financial details are available. "St. Joseph Media is the perfect home for Torontoist," said publisher Ken Hunt. "It is a company where we will be able to retain the independent streak that makes Torontoist great, while having the support we need to grow and flourish. I couldn't be more excited for what the future holds." was founded in 2004 as part of the 13-city Gothamist group of sites. St. Joseph Media is the publisher of Toronto Life magazine and, among other properties.

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