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Stingray Radio

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Stingray Radio Inc.
Newcap Radio (1986–2018)
FormerlySteele Communications (1980-1986)
Newfoundland Capital Corporation Ltd. (1986–2018)
Company typeSubsidiary
IndustryMedia
Founded1980
FounderHarold R. Steele
HeadquartersHalifax, Nova Scotia
Key people
Harold R. Steele (chairman)
Robert G. Steele (president and CEO)
ServicesRadio broadcasting, television broadcasting
OwnerStingray Group
Number of employees
1200
Websitewww.stingray.com/radio

Stingray Radio is a Canadian radio broadcasting conglomerate owned by Stingray Group. It owns and operates 101 radio stations in Canada—making it the second-largest radio conglomerate in Canada behind Bell Media. It also owns two television stations in Lloydminster. The majority of its stations are situated in Atlantic and Western Canada, with its largest presences being in the provinces of Alberta and Newfoundland.

The company was founded in 1986 by Harold R. Steele as Newfoundland Capital Corporation Ltd. based in Halifax, Nova Scotia, later operating under the names Newcap Broadcasting and Newcap Radio. In October 2018, Newcap was acquired by Stingray. As a result of the acquisition, the Steele family became Stingray Group's largest third-party shareholder.

History

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Logo of NewCap Radio

The company dates back to 1980. The group's Newfoundland and Labrador division, known as Steele Communications, included all but two of the full-power commercial stations in that province. 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.

In 1986, NCCL received CRTC approval to acquire its first radio station, CHTN in Charlottetown, Prince Edward Island, from Northumberland Broadcasting Ltd. By 2008, Newcap would own over 70 radio stations, and flipped many radio stations from the AM band to the FM band.

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.[1]

On July 28, 2008, Newcap announced that it had a tentative deal to acquire 12 stations in Ontario from Haliburton Broadcasting Group, subject to CRTC approval, for $18.95 million.[2] The company's application to acquire the Haliburton stations was formally published by the CRTC on November 13, 2008,[3] but was subsequently withdrawn in January 2009.[4] Newcap 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.[5]

In May 2011, Newcap announced that it was selling its two stations in Winnipeg, CKJS and CHNK-FM, to Evanov Communications;[6] the sale was approved on October 24, 2011.[7]

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.[8] If such a sale had occurred, Newcap suggested that the proceeds might be used to either fund acquisitions "closer to [Newcap's] base in Atlantic Canada", pay down debt, or return capital to shareholders.[9]

On August 26, 2013, Newcap Radio announced it would acquire four former Astral Media radio stations in Toronto and Vancouver, including CHBM-FM, CKZZ-FM, CHHR-FM and CISL, along with Bell Media's CFXJ-FM, for $112 million. The deal was made in the wake of Bell Media's acquisition of Astral.[10] The deal was approved by the CRTC on March 19, 2014 and the sale closed on March 31, 2014.[11][12]

On April 25, 2017, Rogers Media announced its intent to acquire CISL from Newcap, who relaunched it as a Sportsnet Radio sports talk station with rights to the NHL's Vancouver Canucks.[13]

On May 11, 2017, Newcap Radio announced its purchase of NL Broadcasting in Kamloops and its three stations, CHNL, CKRV-FM, and CJKC-FM.[14]

On May 2, 2018, cable radio broadcaster Stingray Digital announced its intent to acquire Newcap Radio for $506 million.[15] On October 23, 2018, the CRTC approved Stingray's application to acquire Newcap.[16] The sale was completed just days later on October 26, 2018, with the Steele family holding the largest stake in the company besides its founders.[17]

In 2019, Stingray began a broader strategy of networking programs, such as morning shows, across regional groups of stations. This began with the syndication of CKGY-FM/Red Deer's Vinnie & Randi morning show across various country and adult hits stations in rural Alberta, the midday show The Paul McGuire Show across Stingray country stations,[18] and the CIGV-FM/Penticton morning show (featuring former CMT personality Casey Clarke) across Stingray's country stations in the British Columbia Interior. The morning shows are customized with contributions from a local host.[19][20] In January 2021, Stingray networked its rock stations in Atlantic Canada out of CFRQ-FM/Halifax, with all of them adopting similar Q branding and airing CFRQ's morning show, in addition to the existing networked evening show Rock of the Atlantic.[21]

In late-March 2021, the company underwent a restructuring of some of its staff and local program directors, which resulted in layoffs.[22][23] On April 5, 2021, Stingray launched The Morning Breeze with Brad & Deb for its The Breeze branded soft adult contemporary stations, which is networked out of CKUL-FM/Halifax and incorporates local inserts. Stingray also introduced the networked evening program Rock of the West (modelled after Rock of the Atlantic), which is hosted by Travis Currah of CIZZ-FM/Red Deer.[24]

In June 2023, Stingray Radio's stations joined Bell Media's iHeartRadio Canada service; it will still participate in Radioplayer Canada.[25]

Assets

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The following list is based on the Canadian Radio-television and Telecommunications Commission's media ownership charts as of January 26, 2013.[26]

Television

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Radio

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City Call Sign Branding Network Format
Athabasca, Alberta CKBA-FM Boom 94.1 Boom Classic hits
Blairmore, Alberta CJPR-FM New Country Southwest New Country Country
Bonnyville, Alberta CJEG-FM Hot 101.3 Hot Contemporary hit radio
Brooks, Alberta CIBQ-FM New Country 105.7 New Country Country
CIXF-FM Boom 101.1 Boom Classic hits
Calgary, Alberta CFXL-FM XL 103.1 Classic hits
CKMP-FM 90.3 AMP Radio Contemporary hit radio
Camrose, Alberta CFCW 840 CFCW Country
CFCW-FM New Country 98.1 New Country Country
Carbonear, Newfoundland and Labrador CHVO-FM New Country NL New Country Country
Channel-Port aux Basques, Newfoundland and Labrador CFGN-FM 590 VOCM VOCM Full-service radio
Charlottetown, Prince Edward Island CHTN-FM Ocean 100 Classic hits
CKQK-FM Hot 105.5 Hot Contemporary hit radio
Clarenville, Newfoundland and Labrador CKVO 590 VOCM VOCM Full-service radio
Cold Lake, Alberta CJXK-FM Boom 95.3 Boom Classic hits
Corner Brook, Newfoundland and Labrador CFCB 590 VOCM VOCM Full-service radio
CKXX-FM 97.5 K-Rock K-Rock Classic rock
Drumheller, Alberta CKDQ-FM New Country 92.5 New Country Country
CHOO-FM Boom 99.5 Boom Classic hits
Edmonton, Alberta CIRK-FM K-97 Classic rock
CKRA-FM 96.3 The Breeze The Breeze Soft adult contemporary
Edson, Alberta CFXE-FM New Country West New Country Country
Fredericton, New Brunswick CFRK-FM New Country 92.3 New Country Country
CIHI-FM Hot 93.1 Hot Contemporary hit radio
Gander, Newfoundland and Labrador CKGA 590 VOCM VOCM Full-service radio
CKXD-FM 97.5 K-Rock K-Rock Classic rock
Grand Falls-Windsor, Newfoundland and Labrador CKCM 590 VOCM VOCM Full-service radio
CKXG-FM 97.5 K-Rock K-Rock Classic rock
Halifax, Nova Scotia CFRQ-FM Q104 Q Classic rock
CKUL-FM 96.5 The Breeze The Breeze Soft adult contemporary
Happy Valley-Goose Bay, Newfoundland and Labrador CFLN-FM Big Land - Labrador's FM News/Talk/Country/Classic hits
High Prairie, Alberta CKVH-FM New Country 93.5 New Country Country
Hinton, Alberta CFHI-FM Boom 104.9 Boom Classic hits
Kamloops, British Columbia CHNL Radio NL Classic hits/Talk/Sports
CKRV-FM K 97.5 Classic rock
CJKC-FM New Country 103.1 New Country Country
Kelowna, British Columbia CKKO-FM K 96.3 Classic rock
Kentville, Nova Scotia CIJK-FM Rewind 89.3 Rewind Classic hits
Lac La Biche, Alberta CILB-FM Boom 103.5 Boom Classic hits
Lloydminster, Alberta CKSA-FM New Country 95.9 New Country Country
CILR-FM Unlicensed travellers' information station [27]
Marystown, Newfoundland and Labrador CHCM-FM 590 VOCM VOCM Full-service radio
Miramichi, New Brunswick CHHI-FM Rewind 95.9 Rewind Classic hits
Moncton, New Brunswick CJMO-FM Q103 Q Classic rock
CJXL-FM New Country 96.9 New Country Country
New Glasgow, Nova Scotia CKEZ-FM Q97.9 Q Classic rock
CKEC-FM 94.1 The Breeze The Breeze Soft adult contemporary
Ottawa, Ontario CIHT-FM Hot 89.9 Hot Contemporary hit radio
CILV-FM Live 88.5 Alternative rock
Penticton, British Columbia CIGV-FM New Country 100.7 New Country Country
Red Deer, Alberta CKGY-FM New Country 95.5 New Country Country
CIZZ-FM Z 98.9 Classic rock
Saint John, New Brunswick CHNI-FM Q88.9 Q Classic rock
Slave Lake, Alberta CHSL-FM Boom 92.7 Boom Classic hits
St. John's, Newfoundland and Labrador VOCM 590 VOCM VOCM Full-service radio
VOCM-FM 97.5 K-Rock K-Rock Classic rock
CJYQ New Country NL New Country Country
CKIX-FM Hot 99.1 Hot Contemporary hit radio
St. Paul, Alberta CHSP-FM New Country 97.7 New Country Country
Stephenville, Newfoundland and Labrador CFSX 590 VOCM VOCM Full-service radio
Stettler, Alberta CKSQ-FM New Country 93.3 New Country Country
Sudbury, Ontario CHNO-FM Rewind 103.9 Rewind Classic hits
CIGM-FM Hot 93.5 Hot Contemporary hit radio
Sydney, Nova Scotia CHRK-FM Hot 101.9 Hot Contemporary hit radio
CKCH-FM New Country 103.5 New Country Country
Toronto, Ontario CFXJ-FM New Country 93.5 New Country Country
CHBM-FM Boom 97.3 Boom Classic hits
Vancouver, British Columbia CHLG-FM 104.3 The Breeze The Breeze Soft adult contemporary
CKZZ-FM Z 95.3 Hot adult contemporary
Wainwright, Alberta CKKY-FM Boom 101.9 Boom Classic hits
CKWY-FM Hot 93.7 Hot Contemporary hit radio
Westlock, Alberta CKWB-FM New Country 97.9 New Country Country
Wetaskiwin, Alberta CKJR Sports 1440 Sports talk
Whitecourt, Alberta CFXW-FM Boom 96.7 Boom Classic hits

3937844 Canada Inc.

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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.

References

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  1. ^ "Local country station will be converted to FM", Northern Life, July 24, 2008.
  2. ^ Newcap signs agreement to acquire 12 radio licences in Ontario[permanent dead link], The Nova Scotia Business Journal, July 28, 2008.
  3. ^ Broadcasting Notice of Public Hearing CRTC 2008-14[permanent dead link]
  4. ^ Broadcasting Notice of Public Hearing CRTC 2008-14-7
  5. ^ "Credit markets squelch $19M Newfoundland Capital radio purchase in Ontario", Canadian Press, January 19, 2009.
  6. ^ Newfoundland Capital press release, via Canadian Newswire: "NEWCAP to Sell Winnipeg Radio Stations", May 19, 2010. Archived May 28, 2011, at the Wayback Machine
  7. ^ Broadcasting Decision CRTC 2011-661
  8. ^ "Newfoundland Capital Corporation Limited no longer exploring the sale of Alberta Broadcasting Division". 3 May 2013. Retrieved 26 August 2013.
  9. ^ Newfoundland Capital Corporation Ltd. (press release) (2013-01-22). "Newfoundland Capital Corporation Limited Exploring the Sale of Alberta Broadcasting Division". Retrieved 2013-01-22.
  10. ^ "Newcap signs agreement with Bell Media to acquire five radio stations in Toronto and Vancouver". CNW. Retrieved 26 August 2013.
  11. ^ Broadcasting Decision CRTC 2014-129
  12. ^ "Newcap Radio receives CRTC approval to purchase stations in Toronto and Vancouver". Canada Newswire. March 19, 2014. Archived from the original on March 20, 2014. Retrieved March 20, 2014.
  13. ^ "Sportsnet launching all-sports radio station in Vancouver". The Province. Postmedia. Retrieved 25 April 2017.
  14. ^ Fortems, Cam. "Kamloops' NL Broadcasting sold to Nova Scotia broadcast corporation". Kamloops This Week. Retrieved 2018-05-07.
  15. ^ "Stingray Digital pushes into radio with $506-million purchase of Newfoundland Capital". The Globe and Mail. Retrieved 2018-05-06.
  16. ^ Broadcasting Decision CRTC 2018-404, Various radio and television broadcasting undertakings – Change in ownership and effective control, CRTC, October 23, 2018
  17. ^ "CRTC Approves $506-Million Sale of Newcap Radio to Stingray". VOCM. Archived from the original on 2019-07-08. Retrieved 2018-10-31.
  18. ^ Thiessen, Connie (2019-10-17). "Stingray set to launch syndicated midday show on New Country stations". Broadcast Dialogue. Retrieved 2024-08-30.
  19. ^ Thiessen, Connie (2019-06-20). "Casey Clarke to co-host regional radio morning show for Stingray in B.C." Broadcast Dialogue. Retrieved 2024-08-30.
  20. ^ Thiessen, Connie (2019-01-21). "Stingray syndicates 'The Real Wake Up with Vinnie & Randi' to 15 Alberta stations". Broadcast Dialogue. Retrieved 2024-08-30.
  21. ^ Thiessen, Connie (2021-01-15). "Stingray Radio launches 'Q Network' across the Maritimes". Broadcast Dialogue. Retrieved 2021-09-25.
  22. ^ Thiessen, Connie (2021-03-30). "Stingray Radio restructures on-air talent, management in Alberta & BC". Broadcast Dialogue. Retrieved 2021-04-05.
  23. ^ Thiessen, Connie (2021-03-26). "Stingray makes layoffs on East Coast". Broadcast Dialogue. Retrieved 2021-04-05.
  24. ^ Thiessen, Connie (2021-04-01). "Stingray announces syndicated The Breeze morning show following restructuring". Broadcast Dialogue. Retrieved 2021-04-05.
  25. ^ Thiessen, Connie (2023-06-05). "Stingray Radio signs on to iHeartRadio Canada app". Broadcast Dialogue. Retrieved 2023-06-16.
  26. ^ "CRTC chart of Newcap Inc.'s assets" (PDF). Archived from the original (PDF) on 2012-10-06. Retrieved 2013-01-27.
  27. ^ Broadcasting Decision CRTC 2014-108, CILR-FM Lloydminster - Revocation of licence, CRTC, March 10, 2014
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