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WGAC 580 News Talk Radio Augusta Georgia
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A
pure-play radio operator, since 1961 |
Beasley
Broadcasting Augusta
4051 Dyess Parkway - Augusta,
Ga. 30907
Studio Call-In: 706-863-5800
Front Desk: 706-396-7000
History of Beasley/WGAC
(BBGI) was founded in Eastern North Carolina in 1961 when George
G. Beasley built WPYB-AM in Benson, North Carolina. In 1966, Beasley
sold WPYB to purchase the larger WFMC-AM in Goldsboro, North Carolina,
which became the cornerstone in the development of the Company.
 Over the years, the Beasley Broadcast Group
developed a talent for acquiring and improving under-performing radio
stations. During the 1960’s and early 1970’s, the Group
purchased stations in Virginia, Kentucky, Georgia, South Carolina,
Alabama, Indiana and Ohio. A highlight was the 1976 purchase of WDMT-FM
in Cleveland, the first major market owned by Beasley Broadcast Group.
In the following years, the Beasley Broadcast Group continued on its
path of expansion adding stations primarily in the eastern United
States but also in Austin, Texas and Little Rock, Arkansas.
In 1989, the Company entered the nation’s top 10 radio markets
through the purchase of KRTH AM/FM in Los Angeles, a purchase that
proved to be a substantial addition to the Group in terms of revenue
and cash flow.
Since that time, Beasley has broadened and refined its large market
operations, entering new markets such as Philadelphia, Miami and Atlanta
and selling its assets in Los Angeles.
With the passage of the Telecommunications Act of 1996, Beasley Broadcast
Group seized the opportunity afforded by legislation to build strong
clusters in radio markets. That strategy has proven very successful
for the Group, which now operates seven such clusters in Philadelphia,
Miami, Las Vegas, Fort Myers, Greenville / New Bern, Fayetteville
and Augusta.
Beasley Broadcast Group, Inc. completed its initial public offering
on February 11, 2000 and trades on the Nasdaq National Market under
the symbol “BBGI”. The Company, headquartered in Naples,
Florida, is the 17th largest radio broadcasting company in America.
Today, 41 stations are “On Air” as a part of the BBGI radio
family. BBGI owns or operates 26 FM and 15 AM properties located in
ten large and mid-sized markets. |
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