Beasley Broadcast Group, Inc. was founded in 1961 when George G. Beasley built WPYB-AM in Benson, North Carolina. In 1966, Beasley sold WPYB to purchase the larger WFMC-AM in Goldsboro, North Carolina, a ‘trade-up’ transaction that was to recur numerous times over the next four decades.

Early on, the Beasley Broadcast Group developed a knack for acquiring and improving under-performing radio stations. During the 1960’s and early 1970’s, it purchased stations in Virginia, Kentucky, Georgia, South Carolina, Alabama, Indiana and Ohio. A highlight was the 1976 purchase of WDMT-FM in Cleveland, which marked Beasley Broadcast Group’s first operation of a major market station.

In the following years, Beasley Broadcast Group continued to expand, adding stations primarily in the eastern United States, as well as in markets like Austin, Texas and Little Rock, Arkansas.

In 1989, Beasley Broadcast Group entered the nation’s top 10 radio markets through the acquisition of KRTH AM/FM in Los Angeles, a purchase that generated substantial revenue and cash flow for the company. Since that time, Beasley Broadcast Group has broadened and refined its large market operations, entering leading markets including Philadelphia, Miami, Las Vegas and Atlanta, while divesting its Los Angeles assets.

In 1996 following passage of the Telecommunications Act, the Beasley Broadcast Group aggressively expanded its station clusters. Today, 44 stations are now “On Air,” grouped by clusters in Philadelphia, Miami, Las Vegas, Fort Myers-Naples, Wilmington, Greenville-New Bern, Fayetteville and Augusta.

Early in the new millennium, Beasley took a leadership a role in the radio industry as one of the first broadcasters to embrace and invest in HD Radio™, a new technology that enables AM and FM radio stations to broadcast their programs digitally, providing listeners with radically improved audio quality, better signal reception, song and artist information, as well as the ability to choose between multiple programming options on the same FM frequency. We have now converted nearly 50% of our stations to HD Radio with plans to convert over 90% of the portfolio by the end of 2008.

Beasley Broadcast Group, Inc. completed its initial public offering on February 11, 2000 and trades on the NASDAQ National Market under the symbol “BBGI”. The Company is headquartered in Naples, Florida.