HD Digital Radio Alliance Endorses Beasley Broadcast Group's HD2 SW Florida Programming

FORT MYERS and NAPLES, Florida, August 23, 2006 – Beasley Broadcast Group, Inc. announced today that the HD Digital Radio Alliance, a joint initiative of leading radio broadcasters that is accelerating the rollout of HD digital radio, endorsed Beasley’s planned HD2 programming in Southwest Florida.  Beasley will begin airing new, unique programming at “96.1 K-Rock WRXK-FM” sister rock music station, K-Rock Legends 96.1 HD2 and reggae hits at “Southwest Florida’s B103.9 WXKB-FM” sister station, Beach 103.9 HD2 in the fall.  Both of the HD2 broadcasts will be available for free in crystal clear, CD-quality sound for those who own an HD Radio™ receiver.

 

HD Radio enables AM and FM radio stations to broadcast their programs digitally, providing listeners with radically improved audio quality, better signal reception, song and artist information, as well as the ability to choose between multiple programming options on the same FM frequency.  In addition to the new programming to be launched on the HD2 stations, the regular programming on “96-1 K-Rock WRXK-FM” and “Southwest Florida’s B103.9 WXKB-FM” is also being broadcast with HD Radio technology.

 

Beasley’s President and Chief Operating Officer, Bruce Beasley, stated, “Listeners are responding well to the five Beasley Broadcast Group stations that are already multicasting ‘side channels’ in our Philadelphia, Miami and Las Vegas markets.  We are happy to bring Southwest Florida deeper into the rock listening library at K-Rock’s Legends 96.1 HD2 and some of the best beach listening reggae hits on Beach 103.9 HD2. 

  

“We are delighted to be offering Southwest Florida listeners more subscription-free listening choices with incredible digital audio.  In addition, as an industry leader in the rollout of HD radio, we are also pleased to announce that the HD Digital Alliance has endorsed HD programming for our other Southwest Florida stations, 106.3 Southwest Florida’s GREAT Music Station WJPT-FM and New Rock 99X WJBX-FM.”

 

Legends will feature the best variety of deeper classic rock songs listeners don’t usually hear on the radio.  It is a great mix of music for the pure classic rock fan showcasing artists such as The Beatles, Led Zeppelin and The Police.  It will provide a great complement to the mass appeal classic rock already featured on 96-1 K-Rock.  Beach 103.9 HD2 will also showcase new and classic reggae music, including Bob Marley and the Wailers and Sean Paul.  Both new stations, which require no subscription fees, will offer non-stop music in pristine, crystal clear sound 24 hours per day, and can be accessed with any HD Radio receiver by setting the tuner to “96.1 HD2” or “103.9 HD2”.

 

For more information and links to online retailers please visit http://www.hdradio.com.   In the local Southwest Florida community, HD Radio receivers can be purchased at Cartunes and House of High Fidelity.

 

About the HD Digital Radio Alliance

The HD Digital Radio Alliance is a joint initiative of leading radio broadcasters to accelerate the successful rollout of HD digital radio. Current members include major radio groups and independent station owners: ABC Radio (in Los Angeles and Minneapolis), Beasley Broadcast Group, Bonneville International, CBS Radio, Citadel Broadcasting, Clear Channel Radio, Cumulus, Emmis Communications, Entercom, Greater Media, and Susquehanna and independent owner Jerry Lee with WBEB Philadelphia.

 

About Beasley Broadcast Group

Founded in 1961, Beasley Broadcast Group, Inc. is a radio broadcasting company that owns or operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States.  In addition to 96-1 K-Rock WRXK-FM and Southwest Florida’s B 103.9 WXKB-FM and in the Fort Myers market, Beasley also owns 106.3 Southwest Florida’s GREAT Music Station WJPT-FM, New Rock 99X WJBX-FM and Sports Radio 770 WWCN-AM (which is also broadcasting with HD Radio technology).

 

Note Regarding Forward-Looking Statements:

Statements in this release that are “forward-looking statements” are based upon current expectations and assumptions, and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  Words or expressions such as “intends”, “expects,” “expected,” “anticipates” or variations of such words and similar expressions are intended to identify such forward-looking statements.  Key risks are described in the Company’s reports filed with the Securities and Exchange Commission (SEC).  Readers should note that these statements are subject to change and to inherent risks and uncertainties and may be impacted by several factors, including: economic and regulatory changes, the loss of key personnel, a downturn in the performance of our large-market radio stations, the Company’s substantial debt levels, and changes in the radio broadcast industry generally.  The Company’s actual performance and results could differ materially because of these factors and other factors discussed in the “Management’s Discussion and Analysis of Results of Operations and Financial Condition” of our SEC filings, including but not limited to annual reports on Form 10-K or quarterly reports on Form 10-Q, copies of which can be obtained from the SEC, www.sec.gov, or our website, www.bbgi.com.  These statements do not include the potential impact of any acquisitions or dispositions announced or completed after August 23, 2006.  All information in this release is as of August 23, 2006, and the Company undertakes no obligation to update the information contained herein to actual results or changes to the Company’s expectations.

Contact:

Denyse S. Mesnik, APR

Director of Corporate Communications

Beasley Broadcast Group, Inc.

email@bbgi.com or 239/263-5000

Joseph Jafoni, Ratula Roy

Jaffoni & Collins Incorporated

212/835-8500 or bbgi@jcir.com

 

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