Beasley Broadcast Group, Inc. (NASDAQ:BBGI)

Terrestrial Radio is dead! With all the competition out there, terrestrial radio is loosing market share while reducing prices on advertising, all of which adds up to dead companies. Satellite Radio, iPods, MP3s, Cell phones with streaming music, music over Internet and WiFi... Too much competition for a terrestrial provider to survive. The only terrestrial providers that will survive are the ones that have alternate sources of income such as a television station or newspaper distribution. Otherwise, say goodbye too all but the best terrestrial providers.

They're fairly deep in debt and their market share isn't really going anywhere. Why are they still paying a dividend? Additionally, check out their PEG ratio of over 7.