Stingray Group Inc.

Alexandre Taillefer left Stingray.

On May 2, Stingray announced its intent to acquire Newcap Radio for $506 million. Following regulatory approval, the sale was completed on October 26. The family of Newcap founder Harry Steele became Stingray's largest third-party shareholder. The purchase of Newcap brought Stingray into the broadcasting business and made the company one of the largest operators of radio stations in Canada.

In September, CKDQ Drumheller changed branding from “CFCW” to Real Country 910.

In December, CKRA-FM Edmonton changed from Classic Hits Capital FM to The Breeze with an Adult Contemporary format. Vancouver’s CHLG-FM switched from Classic Hits LG 104.3 to Adult Contemporary as The Breeze. CKEC-FM New Glasgow changed from East Coast FM to Mix 94.1, keeping its Adult Contemporary format. CKEZ-FM Pictou remained Classic Rock when it changed branding from Classic Rock 97.9 to Z 97.9.

In December, the company officially changed its name to Stingray Group, Inc.

On February 7, the CRTC approved Stingray’s of CIXL-FM and CKYY-FM Welland from R.B. Communications Ltd. RB was controlled by Katlynx Communications Corporation and was effectively controlled by David Holgate.

Stingray’s application for a licence to operate the previously exempt Stingray Hits video channel was approved by the CRTC. It would be licensed as an English-language discretionary service despite the fact it targeted the French-language market and broadcast about 40% French-language programming.

In April, Stingray Radio temporarily laid off just under 90 employees nationwide due to a sudden and dramatic drop in advertising. The layoffs primarily impacted employees that given Covid-19 social distancing measures and the downturn in ad revenue, no longer had work to do. The impacted employees would receive top-up provisions and continue on the company benefit plan. Stingray staff worldwide accepted a temporary wage rollback that amounted to 10% for the majority of employees and 75% for CEO Eric Boyko.

Stingray initiated what it called an economic stimulus plan, which offered local businesses the opportunity to apply for grants in the form of free radio advertising. Through the program, Stingray would provide a minimum of $15 million in radio advertising grants to local businesses in markets where Stingray operated a radio station.

In May, Stingray proceeded with its plan to air syndicated morning show The Breakfast Club on Flow 93.5 Toronto, which were temporarily halted by COVID-19. The move to transition to the syndicated show from New York City’s WWPR-FM was originally set to start airing on Flow on March 16.