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Newcap Radio : ウィキペディア英語版
Newcap Radio

Newfoundland Capital Corporation, Ltd is a Canadian broadcasting company, majority-owned by Harold R. Steele. Newfoundland Capital is the parent company of Newcap Inc. (doing business as Newcap Radio and formerly known as Newcap Broadcasting). It is the number two private-sector radio broadcaster in Canada, just behind Bell Media Radio. It operates 95 stations across Canada. The group also owns two "Newcap Television" stations, both in Lloydminster on the Alberta/Saskatchewan border.
The group's Newfoundland and Labrador division, known as Steele Communications, includes all but two of the full-power commercial stations in that province.
On November 6, 2004, the company launched the ''Canadian Hit 30 Countdown'', which, for about six years, was Canada's only nationally syndicated contemporary hit radio hit countdown. Newcap is also a corporate sponsor of Canada's Aboriginal Voices radio network.
In the past, Newfoundland Capital acted as a conglomerate with interests in diverse industries such as newspapers and freight transportation. The firm owns one asset unrelated to the broadcasting industry: a hotel in Corner Brook, the Glynmill Inn, which is operated as part of the Steele Hotels group which includes other properties held directly by the Steele family. The Steele family also has private holdings in other industries which are entirely outside of the Newcap corporate umbrella.
==Recent transactions==

In July 2008, Newcap announced a deal to trade CFDR in Halifax to Rogers Media in exchange for CIGM in Sudbury. Both stations were the sole remaining AM stations in their respective markets, and in both cases the current owner already had the maximum permitted number of FM stations in the applicable market, whereas the acquirer only had a single FM station. Both companies successfully applied to move the stations to FM as part of the trade. Newcap flipped CIGM Sudbury to FM on August 25, 2009, and Rogers flipped CFDR Halifax to FM on August 7, 2009.〔("Local country station will be converted to FM" ), ''Northern Life'', July 24, 2008.〕
On July 28, 2008, Newcap Inc. announced that it had a tentative deal to acquire 12 stations in Ontario from Haliburton Broadcasting Group, subject to CRTC approval, for a price of $18.95 million.〔(Newcap signs agreement to acquire 12 radio licences in Ontario ), ''The Nova Scotia Business Journal'', July 28, 2008.〕 The company's application to acquire the Haliburton stations was formally published by the CRTC on November 13, 2008,〔(Broadcasting Notice of Public Hearing CRTC 2008-14 )〕 but was subsequently withdrawn in January 2009.〔(Broadcasting Notice of Public Hearing CRTC 2008-14-7 )〕 Newcap Inc. CEO Rob Steele indicated that in light of the credit market crisis, the company did not feel that it was the right time to increase its debt load.〔"Credit markets squelch $19M Newfoundland Capital radio purchase in Ontario", Canadian Press, January 19, 2009.〕
In May 2011, Newcap announced that it was selling its two stations in Winnipeg, CKJS and CHNK-FM, to Evanov Communications;〔(Newfoundland Capital press release, via Canadian Newswire: "NEWCAP to Sell Winnipeg Radio Stations", May 19, 2010. )〕 the sale was approved on October 24, 2011.〔(Broadcasting Decision CRTC 2011-661 )〕
In January 2013, the company announced it was exploring a possible sale of its remaining broadcasting assets in western Canada, consisting of 32 radio stations and two television stations, and six rebroadcasters associated with those stations. These stations are predominantly in Alberta (including several stations in the Lloydminster region on the Alberta/Saskatchewan border), except for two stations in British Columbia. The company announced in May 2013 it was no longer planning to sell its assets in Western Canada.〔(【引用サイトリンク】title=Newfoundland Capital Corporation Limited no longer exploring the sale of Alberta Broadcasting Division )〕 If such a sale had occurred, Newcap suggested that the proceeds might be used to either fund acquisitions "closer to () base in Atlantic Canada", pay down debt, or return capital to shareholders.
On August 26, 2013, Newcap Radio announced it would acquire five former Astral Media radio stations in Toronto and Vancouver, CHBM-FM, CFXJ-FM, CKZZ-FM, CHHR-FM and CISL or $112 million. The deal was made in the wake of Bell Media's attempt to acquire the company.〔(【引用サイトリンク】title=Newcap signs agreement with Bell Media to acquire five radio stations in Toronto and Vancouver )〕 The deal was approved by the CRTC on March 19, 2014 and the sale closed on March 31, 2014.〔(Broadcasting Decision CRTC 2014-129 )〕

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