The publicly traded radio station ownership group founded by the late George Beasley is celebrating its upcoming 65th anniversary, while also seeking to address fiscal challenges associated with its collection of broadcast properties.
For Naples, Fla.-based Beasley Media Group, the commemoration of the company’s founding on December 3, 1961 “marks an important milestone reflecting decades of growth, innovation, and service to communities across the country.”
Now under the direction of George Beasley’s daughter, Caroline Beasley, what was originally Beasley Broadcast Group was awarded an FCC license to build WPYB-AM, a daytime-only radio station in Benson, N.C. Today, largely thanks to a transformative acquisition of Greater Media properties in Boston, Detroit and Philadelphia, Beasley Media Group is comprised of 55 radio stations…