Info

Westwood One, Inc. supplies radio and television stations with information services and programming. The Company is an outsource provider of traffic reporting services and a radio network, producing and distributing national news, sports, talk, music and special event programs, in addition to local news, sports, weather, video news and other information programming. The Company derives substantially all of its revenues from the sale of 10 second, 30 second and 60 second commercial airtime to advertisers. The Company obtains the commercial airtime it sells to advertisers from radio and television affiliates, or other distribution partners, in exchange for the programming or information services it provides to them. The Company often supplements the commercial airtime it receives from programming and information services by providing affiliates with compensation to obtain additional commercial airtime.(Source: 10-K)