Welcome to the Investor Relations section of our web site. Beasley Broadcast
Group, Inc. completed its initial public offering of common stock in 2000
and trades on the NASDAQ National Market under the symbol "BBGI".
Corporate Profile
Founded in 1961, Beasley Broadcast Group, Inc. (NASDAQ: BBGI) currently owns
or operates 44 radio stations (27 FM
and 17 AM) located in eleven large- and
mid-size markets across the nation.
Nearly 41% of Beasley stations are located in the nation's top 50 markets
such as Philadelphia, Miami-Fort Lauderdale, Las Vegas, West Palm Beach, Boston
and Atlanta. The remaining stations are primarily in vibrant regional centers like coastal
North Carolina, Northeast Georgia and Southwest Florida where Beasley operates
large, completed station clusters.
Beasley stations are home to a diverse range of formats, featuring top on-air
personalities and programming that appeals to a wide range of audiences and
demographic groups. These include Country, Oldies, Adult Contemporary, Sports,
Talk, CHR and Rock, among others, reflecting a diversity that translates into
a broad revenue base. No format or targeted demographic group represents a
disproportionate share of the company’s revenue.
Beasley stations also follow a time-tested operating strategy of building
strong station brand identities to support their mission. This includes delivering
targeted promotions that energize audiences to deliver results for local and
national advertisers. It also means conducting extensive market research to
help improve station ratings and identifying reformat opportunities to reach
under-served listeners.
Beasley station clusters are some of the largest station groups in their respective
markets, when ranked by revenue. Clustering helps enhance each station group
appeal to the widest range of advertisers in a given market and generate important
operating efficiencies.
The result is a robust, financially sound radio broadcasting company led by
its three largest clusters (Philadelphia, Miami and Las Vegas -- all of which
have the potential to add stations), three completed mid-size market clusters
(Fayetteville, Greenville-New Bern and Augusta) and three AM-only
clusters (Boston, Atlanta & West Palm Beach).
When ranked by revenue, and for the year 2007, Beasley Broadcast Group is
the 17th largest radio broadcaster in the nation, according to BIA Financial
Network, Inc.
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