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WWON Westwood One, Inc. (MM)

3.61
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Westwood One, Inc. (MM) NASDAQ:WWON NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.61 0 01:00:00

Westwood One Announces Norm Pattiz to Continue as Chairman of the Board

16/06/2009 4:13pm

PR Newswire (US)


Westwood One, Inc. (MM) (NASDAQ:WWON)
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NEW YORK, June 16 /PRNewswire-FirstCall/ -- Westwood One, Inc. (OTC Bulletin Board: WWON) announced today that Norm Pattiz will continue as Chairman of the Board of Directors for two more years. "As the founder of Westwood One, I am delighted to be staying on as Chairman of the Board to work with Rod Sherwood and the management team as they drive the Company's business," said Pattiz. "As the Company expands its core business in radio and, more broadly, in television and on digital platforms, I continue to appreciate Norm's programming experience and other insights that helped build the Westwood One brand," said Rod Sherwood, President of Westwood One. "Our increased financial commitment to the Company reflects our confidence in Rod and the management team as they work to position Westwood One as an industry leader," said Mark Stone, Senior Managing Director and President of Operations for the Gores Group. "Norm's extensive relationships across the industry are a valuable asset for Westwood One's future." Mr. Pattiz served on the Broadcasting Board of Governors of the United States of America from 2000 - 2006. The BBG oversees all U.S. non-military international broadcasting including Voice of America, Radio Free Europe/Radio Liberty, Radio Free Asia, Worldnet Television, Radio and TV Marti and the Middle East Broadcasting Network. Since September 2001, Mr. Pattiz has served as a Regent of the University of California. He currently serves as chairman of the Oversight Committee of the Department of Energy Laboratories, including Los Alamos, Lawrence Livermore and Lawrence Berkeley. He also serves on the Regents' Governance, Compensation, Investments and Health Services Committees. Pattiz is a member of the Council on Foreign Relations and the Pacific Council on International Policy, and serves on the Region 1, Homeland Security Advisory Council. About Westwood One Westwood One is the largest independent provider of network radio programming and the largest provider of traffic information in the U.S. Westwood One serves more than 5,000 radio and TV stations in the U.S. The Company provides over 150 news, sports, music, talk and entertainment programs, features and live events to numerous media partners. Through its Metro Traffic division, Westwood provides traffic reporting and local news, sports and weather to over 2,200 radio and TV stations. The Company also provides digital and other cross platform delivery of its network and Metro content. DATASOURCE: Westwood One, Inc. CONTACT: Peter Sessa of Westwood One , +1-212-641-2053, Web Site: http://www.westwoodone.com/

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