Tag: Caroline Beasley

The company announced a definitive agreement to sell 98.7 The Shark to Educational Media Foundation (EMF) for a reported $8 million.

Beasley Media Group reported an operating loss of $2 million during the first quarter.

Deborah Parenti has been named 2025 MIW Frances Preston Trailblazer by Mentoring and Inspiring Women in Radio (MIW).

Local revenue, including local digital packages, represented 76% of all revenue for the company.

Beasley Media Group has announced that Dan Finn, Senior Vice President and Regional Market Manager of the company’s New Jersey cluster, will retire at the end of the first quarter of 2025.

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“Her extensive and diverse experience, combined with her leadership skills, are exactly what we need to drive the company forward as we evolve into the future.”

The company added that revenue declines were mitigated by that digital performance and also an influx of political advertising.

“These changes reflect the company’s continuous commitment to streamline our sales efforts and drive revenue in an efficient manner..."

The company saw digital revenue grow by 10% compared to the first quarter of 2023.