Boston, MA 06/14/2013 (wallstreetpr) – Shares of Beasley Broadcast Group Inc. (NASDAQ:BBGI) were up by 7.78% to close at $7.90 with volume of 15k. The company owns 44 radio stations (28 FM and 16 AM) located in eleven large and mid-sized market across the nation. Some of the Beasley station clusters are the largest in their respective markets, when ranked as per revenue generated. The clustering process helps enhances each station group to maximize advertisers in a given market and generate operating efficiencies. On June 3, 2013 the company’s Chairman and Chief Executive Officer Mr.George G. Beasley was honored with a Doctor of Humane Letters, during the early days of May from the Appalachian State University’s (ASU).
Mr. Beasley had received his under-graduate and graduate degrees from the said University in the years 1958 and 1960 respectively. He was also awarded with the Alumni Association’s Distinguished Alumnus Award in the year 1990. He has served as the Chairman of the ASU’s Foundation Board of Directors and is currently serving on the Campaign Steering Committee. He was also a past member of Appalachian’s Board of Trustees and ASU’s Board of Directors. He has also served as member of the College of Fine and Applied Arts’ Communication Advisory Board too.
Mr. Beasley with a strong leadership has rendered services all his life to radio broadcasting. Of Late Mr. Beasley have made a new broadcasting and media facility operational, which is expected to open at the year end. During his 50 years of service, he has served many boards and has earned innumerable awards from the Broadcast Industry as well as various others civic and charitable organizations.
