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BEASLEY BROADCAST GROUP INC Director's Dealing 2008

Dec 11, 2008

35229_dirs_2008-12-11_8dc2da9f-3e9c-4170-b5bd-057e351a8944.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BEASLEY BROADCAST GROUP INC (BBGI)
CIK: 0001099160
Period of Report: 2008-12-09

Reporting Person: GAMCO INVESTORS, INC. ET AL (10% Owner)
Reporting Person: GABELLI MARIO J (10% Owner)
Reporting Person: GGCP, INC. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-12-09 Class A Common Stock P 2156820 $0.9993 Acquired 2156820 Indirect
2008-12-09 Class A Common Stock S 2156820 $1 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 3000 Indirect

Footnotes

F1: On December 2, 2008, the affiliated broker-dealer of GAMCO Investors, Inc. executed a trade as agent to purchase 2,156,820 of the securities on behalf of one of its broker-dealer customers. On December 9, 2008, after the customer failed to pay for the trade, the broker-dealer consistent with its rights, took possession and control of the entire 2,156,820 of the securities. On December 9, the broker-dealer sold all 2,156,280 shares.

F2: The Reporting Persons have less than a 100% interest in this entity. The amount of securities reported as beneficially owned reflects the total amount of securities held by this entity which is greater than the Reporting Persons indirect pecuniary interests. The Reporting Persons hereby disclaim ownership of these securities in excess of their pecuniary interests.