Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BEASLEY GEORGE G
   2. Issuer Name and Ticker or Trading Symbol
BEASLEY BROADCAST GROUP INC [BBGI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
3033 RIVIERA DRIVE, SUITE 200		 3. Date of Earliest Transaction (Month/Day/Year)
01/05/2009
(Street)

NAPLES, FL 34103		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (1) 01/05/2009   J(2)   211,932     (3)   (3) Class A Common Stock 211,932 (3) 7,589,772 I See footnote. (4)
Class B Common Stock (1)               (5)   (5) Class A Common Stock 117,166   117,166 D  
Class B Common Stock (1)               (5)   (5) Class A Common Stock 5,245,682   5,245,682 I See footnote. (6)
Class B Common Stock (1)               (5)   (5) Class A Common Stock 692,972   692,972 I See footnote. (7)
Class B Common Stock (1)               (5)   (5) Class A Common Stock 420,265   420,265 I See footnote. (8)
Class B Common Stock (1)               (5)   (5) Class A Common Stock 81,038   81,038 I See footnote. (9)
Class B Common Stock (1)               (5)   (5) Class A Common Stock 296,736   296,736 I See footnote. (10)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BEASLEY GEORGE G
3033 RIVIERA DRIVE, SUITE 200
NAPLES, FL 34103		   X   X   Chief Executive Officer  

Signatures

 /s/ Caroline Beasley, Attorney-in-Fact   01/05/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Class B common stock converts to Class A common stock on a one-for-one basis.
(2) This transfer was made from the George Beasley Estate Reduction Trust, dated June 7, 1999, B. Caroline Beasley and Bruce G. Beasley as Co-Trustees.
(3) This column is not applicable to this transaction.
(4) By George G. Beasley as Trustee of the George G. Beasley Revocable Living Trust, dated May 26, 2006, as amended.
(5) This column is not applicable to this holding.
(6) By George G. Beasley as Trustee of the GGB Family Limited Partnership Florida Intangible Tax Trust.
(7) By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #2, dated June 19, 2006.
(8) By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #4, dated November 21, 2008.
(9) George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.
(10) By George Beasley as Trustee of the REB Florida Intangible Tax Trust, dated August 20, 2004.
 
Remarks:
Caroline Beasley signed this Form 4 pursuant to a Power of Attorney previously filed with the Commission.

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