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NCC meaning in Business ?

Answer» What is Newfoundland Capital Corporation Limited mean?

Stingray Radio Inc., formerly known as Newfoundland Capital Corporation Ltd. (operating as Newcap 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), particularly in Newfoundland and Labrador, and Alberta, as well as two television stations in Lloydminster.

The company was founded in 1986 by Harold R. Steele as Newfoundland Capital Corporation Ltd. based in Halifax, Nova Scotia. 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.

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