Beasley Broadcast Group Inc
bbgi.comBeasley Broadcast Group (NASDAQ: BBGI) is a radio broadcasting company that owns and operates radio stations across multiple U.S. markets. Revenue is generated primarily through the sale of on-air and digital advertising to local and national advertisers. The company distributes programming via studios, satellite systems, transmitter facilities, and internet streaming platforms. As of the 10-K filed April 8, 2026, BBGI held FCC licenses across market clusters including New Jersey (Middlesex, Monmouth, Morristown) and Tampa-Saint Petersburg, FL, with FCC license carrying values of $40.7 million and $27.8 million respectively for those two clusters. The company's independent auditors included a going-concern explanatory paragraph in their audit opinion for the year ended December 31, 2025, citing substantial doubt about BBGI's ability to continue as a going concern. The Board has suspended quarterly dividend payments as of that filing. CEO Caroline Beasley also serves as Chairman of the Board, with Bruce G. Beasley as President and Brian E. Beasley as Chief Operating Officer.
Products & Services
AM and FM radio stations; digital streaming and online platforms; mobile applications and websites for listener engagement; digital advertising campaign execution; listener data collection and analytics services.
Revenue Model
Advertising-supported model: revenue generated through the sale of on-air radio advertising and digital advertising across company-owned stations and technology platforms. Cash receipts from revenue decreased by $32.3 million in FY2025 versus FY2024, per the 10-K filed April 8, 2026.
Customers & Markets
Local and national advertisers purchasing on-air and digital inventory. Listeners across U.S. radio markets served by owned stations. Political advertisers subject to FCC disclosure requirements for AI-generated content in advertisements.
Geographic Exposure
United States. Identified market clusters include New Jersey (Middlesex, Monmouth, Morristown) and Tampa-Saint Petersburg, FL, based on FCC license disclosures in the 10-K filed April 8, 2026.
Financial Snapshot
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