HomeLatest NewsNewcap Radio founder Harry Steele dies...

Newcap Radio founder Harry Steele dies at 92

Harry Steele, the former President of Newfoundland Capital Corporation, passed away Friday night. He was 92.

Born in Musgrave Harbour, NL in 1929, Steele served in the Royal Canadian Navy for 24 years, before becoming Vice-President of Newfoundland-based airline, Eastern Provincial Airways. Steele eventually acquired the company, which was later sold to Canadian Pacific Airways.

Harry Steele

In 1981, he founded Newfoundland Capital which in addition to transportation and hotel interests, owned the Newcap Radio group and newspapers across the country. Steele served as company president, assuming the role of CEO and Chairman in 1993. He stepped down as CEO in 2002, continuing on as Chairman until 2018 when he retired at age 88.

When Newfoundland Capital was acquired by Stingray Digital Group for $523 million that same year, the company’s broadcast assets had grown to 101 licences, encompassing 72 radio stations and 29 repeater signals. Steele subsequently bought $25 million in Stingray stock.

Steele is a past governor of the Atlantic Provinces Economic Council. He was named an Officer of the Order of Canada in 1992.


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Connie Thiessen
Connie Thiessenhttps://broadcastdialogue.com
Connie has worked coast-to-coast as a reporter, editor, anchor and host at CKNW and News 1130 in Vancouver, News 95.7 and CBC in Halifax, and CFCW Edmonton, among other stations. With a passion for music, film and community service, she led News 95.7 to a 2013 Atlantic Journalism Award and regional RTDNA award for Best Radio Newscast. More recently, she was nominated for Music Journalist of the Year at Canadian Music Week 2019. To report a typo or error please email - corrections@broadcastdialogue.com

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