CRTC to consider Newcap’s proposed buy of two New Glasgow radio stations

DARTMOUTH – Newcap Radio is asking the CRTC to approve its purchase of FM radio stations CKEC-FM and CKEZ-FM New Glasgow, NS from Hector Broadcasting for $2.7 million.The proposed acquisition was made public last November when Newcap released its third quarter results. Newcap is also requesting new broadcasting licences to continue the operation of the undertakings under the same terms and conditions as those in effect under the current licences.According to Commission records, the current licensee (Hector) appears to be in non-compliance with certain regulatory obligations for both stations which will be examined in the context of this application. The...