Westwood One reports that revenue for 2008 is down 10.4%--from $451.4 million to $404.4 million. The decrease is primarily due to the current economic downturn, primarily impacted by a decrease in
local advertising. For 2008, Metro Traffic revenue was $194.9 million compared to $232.4 million in 2007, a decline of $37.5 million or 16.1%. Network revenue for 2008 was $209.5 million compared to
$218.9 for 2007, a decline of $9.4 million or 4.3%.
