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”.
Founded in 1961, Beasley Broadcast Group, Inc. (NASDAQ: BBGI) currently owns or operates 44 radio stations (28 FM and 16 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).