Beasley Media Group has carried out a new round of programming layoffs, affecting program directors and on-air talent in markets including Boston, Philadelphia, and New Jersey, just days before its Q2 2025 earnings release. Among those impacted are former WDHA Program Director Terrie Carr, who described her dismissal as a “one minute phone call,” and high-profile host Mike Missanelli, who had recently returned to Philadelphia’s 97.5 The Fanatic. The scope of the reductions is still unfolding, with notifications continuing through the day. This marks Beasley’s second layoff wave of the year, following cuts before its Q1 results.
The moves come as a cost-cutting measure amid ongoing revenue declines. Beasley’s Q1 revenue fell 10.1% year-over-year, resulting in a $2.7 million loss compared to a small profit in Q1 2024. Digital revenue, however, rose to 22% of total income, with operating income margins improving significantly. Q2 revenue is also pacing down 10% per management guidance, leading the company to trim traditional programming roles while continuing to invest in digital operations. The company is scheduled to release its Q2 earnings on Tuesday.
- https://radioink.com/2025/08/11/beasley-media-layoffs-pds-talent-let-go-as-q2-results-near/