Westwood Reports 11.4% Drop In 2006 Revenues

  • March 8, 2007
Westwood One, Inc. saw a drop in fourth-quarter and 2006 revenues. For the full year 2006, revenues were $494 million, compared with $557.8 million in 2005, a decrease of 11.4%. Westwood saw a 7.8% decline in revenues from national commercial ads and a 14.6% decline in revenues from local/regional commercial ad. For the fourth quarter 2006, revenues declined 11.7% to $129.8 million, compared with $147 million in the fourth quarter of 2005.

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