BBGI

Beasley Broadcast Group, Inc. operates as a multi-platform media company specializing in radio broadcasting across major U.S. markets. Founded in 1961 and headquartered in Naples, Florida, the company owns and operates radio stations in large and mid-size markets including Atlanta, Boston, Charlotte, Detroit, Las Vegas, Tampa-St. Petersburg, and West Palm Beach-Boca Raton. The company's business model centers on generating advertising revenue through terrestrial radio broadcasting, digital platforms, and event marketing services. Beasley operates stations across diverse formats including news/talk, adult contemporary, classic hits, country, and urban contemporary, allowing the company to serve varied audience demographics and advertiser needs. The company has strategically positioned its portfolio in markets with attractive demographic and economic characteristics. Beyond traditional radio, Beasley has expanded its digital presence through streaming services, podcasts, and social media engagement to reach audiences across multiple platforms. The company generates revenue primarily through selling advertising time to local, regional, and national advertisers, with additional income from digital advertising, sponsorships, and event promotions. Beasley competes in a challenging media landscape facing competition from digital audio platforms, streaming services, and other advertising channels. The company has focused on maintaining strong local market positions, developing digital capabilities, and diversifying revenue streams to adapt to evolving media consumption patterns.