Westwood One Continues Forward Momentum in Digital Media With the Appointment of Gary Krantz to Newly Created Position of Chief Digital Media Officer

Westwood One Continues Forward Momentum in Digital Media With the Appointment of Gary Krantz to Newly Created Position of Chief Digital Media Officer

- Announcement Comes as Westwood One Launches Several Programming Websites Including: The Osgood File (theosgoodfile.com) Randy Jackson's Hit List (rjhitlistonline.com), Loveline (lovelineshow.com) and Notre Dame Football (ndfootballradio.com) -

NEW YORK, Sept. 18 /PRNewswire-FirstCall/ -- Westwood One (NYSE:WON) announced today that, effective September 25, 2006, former Air America President Gary Krantz will assume the position of Chief Digital Media Officer at Westwood One. In this newly created position, Krantz will oversee all aspects of Westwood One's burgeoning digital portfolio including newly launched websites for The Osgood File (theosgoodfile.com) Randy Jackson's Hit List (rjhitlistonline.com), Loveline (lovelineshow.com) and Notre Dame Football (ndfootballradio.com). He will be based in New York and report directly to Peter Kosann, Westwood One President and CEO.

"The appointment of Gary Krantz highlights the immediate shift of Westwood One's Digital Media portfolio from the developmental stage to execution," said Peter Kosann, Westwood One President and CEO. "Destination web sites for key personalities and programs have been launched and the syndication of local content to broadcast affiliates and non-broadcast affiliates is rapidly expanding. Gary's unique strengths in programming sales, and marketing will enable our new platforms to quickly gain traction with consumers, affiliates and advertisers."

"I am thrilled to be joining Westwood One at this perfect time in the company's growth," said Krantz "Radio is re-inventing itself as the leading provider of audio content in all platforms, and Westwood One is a major player. This is a world class company, with a 30-year track record in providing compelling content that is perfectly positioned to extend and develop programming and brands in to new media platforms, and increase our ability to super-serve our advertisers, radio affiliates, programming partners and listeners."

As President of Air America Radio, Krantz oversaw all operations of the company, including advertising sales, affiliations, marketing, Air America's flagship station WLIB-AM, and the online web/interactive divisions. Prior to that, Krantz worked at Premiere Radio Networks a division of Clear Channel Communications, performing in a variety of senior positions including EVP/Operations, SVP/Music and Entertainment, and SVP/Sales of Mediabase, the leading music airplay monitoring system in the Country. Krantz also worked directly with Clear Channel radio format directors to identify marketing, programming and branding opportunities within Premiere and the entire Clear Channel platform. Before joining Premiere, he served as Senior Vice President of AMFM Radio Networks where helped launch the programming arm of the network. Prior to AMFM, he was the VP/GM of MJI Broadcasting where he was part of the core team that launched that company in 1981. At MJI he established and oversaw the first affiliate marketing and international divisions of the company. Krantz sits on the board of the John Bayliss Foundation, the Emerson College Board of Overseers, and is active in several industry organizations including N.A.R.A.S, Lifebeat, The Country Music Association, The Country Radio Broadcasters, which he served as President, and Leadership Music.

Over the past several years, Westwood One has: launched the new www.westwoodone.com, which now offers interactive, streaming and downloadable content to a worldwide audience; launched SmartRoute System's RealTraffic(TM), to provide real-time traffic data to the online community; entered into an exclusive agreement with TrafficCast, the leader in predictive and flow traffic information in the U.S. and China, to deliver integrated real-time traffic information for Yahoo! via Yahoo! Maps; and developed a strategic relationship with NAVTEQ, a leader in premium quality digital map data, which integrates Westwood One's traffic incident data into the NAVTEQ Traffic(TM) solution for certain navigation enabled devices in North America.

Westwood One (NYSE:WON) provides over 150 news, sports, music, talk, entertainment programs, features, and live events. Through its subsidiaries, Metro Networks/Shadow Broadcast Services, Westwood One provides local content to the radio and TV industries including news, sports, weather, traffic, video news services and other information. SmartRoute Systems manages traffic information centers for state and local departments of transportation, and markets traffic and travel content to wireless, Internet, in-vehicle navigation systems and voice portal customers. Westwood One serves more than 5,000 radio stations. Westwood One is managed by CBS Radio.

Source: Westwood One

CONTACT: Peter Sessa, Westwood One, +1-212-641-2053,
peter_sessa@westwoodone.com

Web site: http://www.westwoodone.com/
http://www.theosgoodfile.com/
http://www.rjhitlistonline.com/
http://www.lovelineshow.com/
http://www.ndfootballradio.com/

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