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Showing posts from August, 2023

From Radio to Planes to Cars

  I worked for Newcap Radio from 2008 to 2018. The company was a major player in Canadian media with over 100 radio stations from Newfoundland to British Columbia, making it the second-largest radio conglomerate in Canada behind Bell Media.  The company was founded in 1986 by Harold R. Steele as Newfoundland Capital Corporation. Although it was traded on the TSX, the majority of shares (over 80%) were held by the Steele family. The company was acquired by Stingray Media in 2018 for 530 million dollars.  Rob Steele, Harry Steele's oldest son  was the CEO during the ten years I worked for Newcap. I met Rob a few times during my tenure at Newcap's Cape Breton stations. In addition to talking radio, we chatted about airplanes, not cars.  Rob has his pilots license and has owned a few aircraft, including one of my favorites, a King Air.  I did not realize during those brief chats, that Rob has an all consuming love of cars.  Rob's company Steele Auto Group now boasts of 29 brand