DARTMOUTH – If you want a direct look at how radio in Canada is still defying the naysayers who point to the medium’s imminent demise, take a close look at Newfoundland Capital Corporation, a company which (other than two small TV stations) is a pure radio play. The company has radio licenses in 68 communities. It’s third quarter revenue growth was 11%, rising to $25.4 million at the end of September, 2007, as compared to last year’s Q3. The rise in the quarter “was primarily due to organic growth,” says the release, “while year-to-date revenue grew by 8% to $71.1...
