Westwood shareholders approve CBS deal


Not that the outcome was ever in doubt, but shareholders of Westwood One have formally approved a new long-term arrangement with CBS Radio running through 2017 that was worked out last October (10/3/07 RBR #193). The new agreement ends CBS Radio management of Westwood One, but continues to give WW1 the right to syndicate CBS Radio programming and place network inventory on CBS Radio stations through March 2017.