September 21, 2014 9:59 PM ET

Media

Company Overview of Westwood One, Inc.

Company Overview

Westwood One, Inc. operates as an independent audio company in the United States. The company distributes, produces, and/or syndicates programming and services to radio stations, including representing/selling audio content of third-party producers. It produces and/or distributes news, sports, music, talk and entertainment radio programs, services, and digital applications, as well as audio content from live events, turn-key music formats, prep services, jingles, and imaging. The company also offers digital services through 17 owned and operated Websites; and provides interactive voice response phone system services that help radio stations to answer the phones, and facilitate call-ins, cont...

220 West 42nd Street

Candler Tower

New York, NY 10036

United States

425 Employees

Phone:

212-967-2888

Key Executives for Westwood One, Inc.

Chief Executive Officer and Director
Age: 50
President
Chief Financial Officer
Age: 52
Chief Operating Officer
Age: 41
President of Programming
Age: 61
Compensation as of Fiscal Year 2014.

Westwood One, Inc. Key Developments

Westwood One Names Jim Jones as Senior Director of News Affiliate Sales

Westwood One, Inc. has named Jim Jones as senior director of news affiliate sales. In his new position, Jones will be overseeing affiliate sales for Westwood One's News vertical. He will be based in Washington, DC, and will report to Dennis Green, Senior vice president, Affiliate Sales for Westwood One. This is a homecoming for Jones, as he was formerly vice president of Affiliate Sales, News/Talk for Westwood One in Washington, DC, for 15 years. He was most recently with Focus 360.

Westwood One Promotes Steve Shaw to President

Cumulus announced the promotion of Steve Shaw to President of Westwood One, where he will expand his role as head of national spot sales for Cumulus' owned-and-operated stations to include all national and digital sales for Westwood One, effective immediately. Shaw is currently Senior Vice President of Cumulus National Sales.

Westwood One, Inc. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2013

Westwood One, Inc. reported unaudited consolidated earnings results for the year ended December 31, 2013. The company reported revenue of $239,019,000, operating loss of $124,253,000, loss from operations before income tax of $161,888,000, net loss of $146,692,000 or $2.57 per basic and diluted share against revenue of $131,325,000, operating loss of $6,550,000, loss from operations before income tax of $31,957,000, net loss of $10,842,000 or $0.28 per basic and diluted share a year ago. Net cash was operating activities was $5,592,000 against net cash from operating activities of $1,950,000 a year ago. Acquisition of property and equipment was $3,367,000 against $4,286,000 a year ago.

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