Newcap Broadcasting

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Newfoundland Capital Corporation Limited (TSXNCC.A, TSXNCC.B), doing business as Newcap Broadcasting, is a major Canadian broadcasting company. Harold R. Steele is the majority shareholder. It is one of Canada's largest radio broadcasting groups, with 76 stations fully or partly owned across Canada.

The group's Newfoundland and Labrador division includes all but three of the full-power commercial stations in that province. It is sometimes known as Steele Communications.

On November 6, 2004, the company launched the Canadian Hit 30 Countdown, currently Canada's only nationally syndicated CHR hit countdown.

Newcap is also a corporate sponsor of Canada's Aboriginal Voices radio network. At present, the firm's sole non-broadcast asset is a hotel in Corner Brook, The Glynmill Inn (the Steele family also owns additional hotels, car dealerships, printing and media company's, helicopter company's privately).

Contents

[edit] Assets

The following list comes from the CRTC's media ownership charts as of December 14, 2006. Due to recent acquisitions, the list may not be complete.

[edit] Television

Newcap acquired its first television assets in January, 2005, with the purchase of the CKSA/CITL twinstick in Lloydminster.

[edit] Radio

The following stations are 100 per cent Newcap-owned.

[edit] Newfoundland and Labrador

[edit] Nova Scotia

[edit] Prince Edward Island

[edit] New Brunswick

[edit] Ontario

[edit] Manitoba

[edit] Alberta

[edit] Metro Radio Group

Metro Radio Group is a 50-50 partnership between Newcap and CTVglobemedia. As both companies have recently flipped wholly-owned AM stations to the FM band, Metro is pending sale to a new owner under CRTC concentration of media ownership rules.

[edit] 3937844 Canada Inc.

The numbered company 3937844 Canada Inc., a partnership between Newcap and Standard Broadcasting, was the licensee for most of the Alberta stations listed above from 2002, when Standard acquired the stations from Telemedia, until 2007, when Newcap bought out Standard's share of the stations.

[edit] External links