Allan Slaight Net Worth is$1.2 Billion
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Nickname: J. Allan Slaight
Profession: Broadcaster, Entrepreneur
Nationality: Canada
Date of Birth: 1931
Place of Birth: Cambridge
Allan Slaight Net Worth: Allan Slaight is a Canadian media magnate who has a net worth of $1.2 billion. Long before becoming a billionaire, Allan Slaight made his professional beginnings in radio in 1948 when he joined the oldies-format radio station CHAB based in Moose Jaw, Saskatchewan. Slaight saw a rapid rise in the industry as he became General Manager of a Toronto radio station CHUM in 1965. Six years later, he made the jump to ownership as he set up his own radio broadcasting company called Slaight Broadcasting, which was later re-named Slaight Communications. At the time, he purchased several radio stations in Toronto and Montreal, after which he merged with IWC Communications and eventually bought Standard Broadcasting Corporation in 1985. It was in 2007 that he sold fifty-three radio and two television stations to Astral Media for CAD 880 million and 4.75 million in Astral shares. In early 2012, Slaight and his wife, Emmanuelle Gattuso, made a CAD 50 million pledge to the Princess Margaret Cancer Foundation, increasing their total commitment to the organization to CAD 72 million.
Slaight Communications is a Canadian radio broadcasting company. The company was first formed as Slaight Broadcasting in 1971, when owner J. Allan Slaight acquired CFGM in Richmond Hill. Slaight later also acquired CFOX in Montreal and CHOK in Sarnia, and launched CILQ in Toronto.
The company later sold off all of its original assets, and continued to operate its radio holdings through the Standard Broadcasting division after Slaight bought out that company in 1985. As Standard, it remained the largest privately owned multimedia company in Canada until it sold its radio and TV broadcasting assets to Astral Media in 2007.
The company continues to operate holdings in non-traditional broadcast platforms such as satellite radio and Internet radio. Slaight also continues to hold minority investments in three other small radio station groups.

Standard Broadcasting was founded as Standard Radio Manufacturing in 1925 by Edward S. Rogers, Sr., but soon became known as Rogers Vacuum Tube Company and later became the Rogers Majestic Corporation Limited. Rogers launched what would become radio station CFRB in 1927 in order to demonstrate a batteryless alternating current radio receiver he had invented.
In 1929 Standard Radio Manufacturing Corporation was renamed as Rogers Majestic Corporation Limited
The broadcasting division of the company was renamed Standard Radio Limited in 1941 when the Rogers family sold off the assets of Rogers Majestic two years after the death of Edward Rogers. In 1945, Standard Radio was purchased by Argus Corporation and in 1966 Standard Radio Limited was renamed Standard Broadcasting.
Argus was acquired by Conrad Black and his brother in 1978. Argus subsequently sold Standard to Slaight in 1985 and merged into Slaight Broadcasting.
As Standard, the company under Slaight operated 82 radio stations in English Canada and two television stations in northern British Columbia. It also owned a significant minority interest in t

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Allan Slaight Latest News

Major donor accuses JAZZ.FM91 of mishandling sexual-harassment allegations against former CEO

Ms. Slaight is a writer, producer, and philanthropist whose donation to the station last year resulted in its broadcast studio being named in honour of her father, the broadcasting legend Allan ...
Posted: August 24, 2018, 1:02 pm

Port Cities makes top 10 master class finalists list

The Canadian Academy of Recording Arts and Sciences’ Allan Slaight Juno Master Class has its eye on East Coast talent in its latest crop of contenders. The Cape Breton songwriting trio Port Cities — ...
Posted: August 17, 2018, 5:11 pm

Marie Slaight comments on Toronto Star JAZZ.FM91 article

TORONTO, Aug. 25, 2018 /CNW/ - On behalf of Marie Slaight, we are issuing a statement taking exception to the story in the Toronto Star Friday, August 24 with the headline "Daughter of Broadcast Mogul ...
Posted: August 24, 2018, 5:00 pm
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