UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): September 30, 2011

 

WESTWOOD ONE, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-14691

 

95-3980449

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

1166 Avenue of the Americas, 10th Floor

New York, NY

 

10036

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (212) 641-2000

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Section 5

 

Corporate Governance and Management

 

 

 

Item 5.02

 

Compensatory Arrangements of Certain Officers.

 

(e)           Pursuant to the approval of the Compensation Committee of the Board of Directors of Westwood One, Inc. (the “Company”), the base salary for David Hillman, the Company’s General Counsel and Chief Administrative Officer, will increase from $382,500 to $425,000 effective October 3, 2011.  No other changes were made to Mr. Hillman’s compensation.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

WESTWOOD ONE, INC.

 

 

 

 

 

 

Date: September 30, 2011

By:

/s/ Melissa Garza

 

 

Name:

Melissa Garza

 

 

Title:

SVP, Business & Legal Affairs

 

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