Zoomer Radio has two problems: bad reception that results in poor sound quality -- the last thing the hard-of-hearing need -- and a lease at the CBC's transmission tower that expires in 2021. Znaimer is pitching to move Zoomer to 88.1 FM, securing the station's future while having minimal impact on the market -- a play to the CRTC's stated desire to keep the radio industry financially strong. Newfoundland Capital With $127 million in 2011 revenues, Newcap, controlled by East Coast business legend Harry Steele, is the biggest cat in the hunt for 88.1 FM. Over the past decade, Newcap has been building its radio holdings, and now has 83 licences, up from just 14 in 1999. Its Toronto bid targets a niche demographic -- busy urban females, age 25 to 44 -- with an up-and-coming format that plays AAA-type music, minus the tougher edges and with a focus on singer-songwriters. Think Adele, Norah Jones and Bon Iver, or, as Newcap wrote in its application, "the type of music you would hear in Starbucks or Second Cup." Bland? Perhaps, but as part of its application, Newcap is offering up $12 million to help develop Canadian talent, a rich sum for a new licence application. So rich that Newcap capitalized it in its proposal: TWELVE MILLION DOLLARS. Mike Wekerle Perhaps the most intri-guing name in the running for 88.1 is the high-octane, tattoo-covered widowed father of five, formerly known as the best trader on Bay Street. "Wek" left long-time employer GMP