Beasley Broadcast Group, Inc., based inNaples, Florida, is an owner/operator of radio stations in the United States. As of May 2025[update], the company owns 57 stations under theBeasley Media Group name.[6]
The company was founded in 1961 byGeorge G. Beasley. On February 11, 2000 the group completed itsIPO.[7]
On October 2, 2014,CBS Radio announced that it would trade 14 radio stations located in Tampa, Florida, Charlotte, North Carolina and Philadelphia, Pennsylvania to the Beasley Broadcast Group in exchange for 5 stations located in Miami and Philadelphia.[8] The swap was completed on December 1, 2014.[9]
On January 15, 2015, Beasley reorganized its radio stations, previously held by various subsidiaries, into Beasley Media Group; the Beasley Broadcast Group name was retained for the parent company.[4][5]
On July 19, 2016, Beasley announced that it would acquireGreater Media for $240 million. The FCC approved the sale on October 6, and the sale closed on November 1.[10] The deal gave Beasley additional stations in the Philadelphia and Boston markets and expanded the company into Detroit and three New Jersey markets.[11]
On February 2, 2017, Beasley announced that it would sell its six stations and four translators in theGreenville-New Bern-Jacksonville, North Carolina, market toCurtis Media Group for $11 million to reduce the company's debt; one of the stations,WNCT-FM, was concurrently divested to Inner Banks Media to comply with FCC ownership limits.[12] The sale was completed on May 1, 2017.[13][14]
On November 1, 2017, as part of theEntercom-CBS Radio merger, Beasley announced that it would sellAC-formatted stationWMJX inBoston to Entercom, in exchange forall sports-formatted stationWBZ-FM, also in Boston.[15] The sale was completed on December 20, 2017.
On July 19, 2018, Entercom announced that it would sellWXTU inPhiladelphia back to Beasley Broadcast Group for $38 million (in order to comply with DOJ revenue limits), as part of its purchase of market-leadingWBEB also in Philadelphia.[16] The deal was completed on September 28.
On August 22, 2021, Beasley became owners of aRocket League organization called AXLE-R8.[18] Four players were selected from a gauntlet where teams would compete in an open qualifier to eventually try and win a 1-year contract from Beasley.
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$262 million (2019)
