<HTML>
<HEAD>
<TITLE>Filed by Bowne Pure Compliance</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">
<DIV style="font-size: 10pt">
<DIV style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
<DIV style="font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>

<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): November 13, 2008</B>

<P style="font-size: 24pt" align="center"><B>WESTWOOD ONE, INC.<BR>
</B><FONT
style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Delaware</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>001-14691</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>95-3980449</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>40 West 57<sup>th</sup> Street, 5<sup>th</sup>
Floor<BR>
New York, NY<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>10019</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(212) 641-2000</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


<DIV style="margin-top: 10pt; font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>
<DIV style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="justify"><B>Section&nbsp;3 Securities and
Trading Markets</B>

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

 <TR
style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000"
valign="top">
  <TD nowrap align="left" width="3%">Item&nbsp;3.01</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>
<DIV style="text-align: justify"><U>Notice of Delisting or Failure to Satisfy a
Continued Listing Rule or Standard; Transfer of Listing</U>.</DIV>
</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="justify">On November&nbsp;13, 2008, Westwood
One, Inc. (the &#8220;Company&#8221;) was notified by the New York Stock
Exchange (the &#8220;NYSE&#8221;) that the Company had fallen below the
NYSE&#8217;s minimum continued listing standard relating to total market
capitalization. Rule&nbsp;802.02 of the NYSE&#8217;s Listed Company Manual
requires that the Company have a minimum average market capitalization of
$25&nbsp;million over a consecutive 30-day trading period. The $25&nbsp;million
market capitalization level is a minimum standard with no cure period and
accordingly, the NYSE has determined to suspend the Company&#8217;s common
stock prior to the market opening on Monday, November&nbsp;24. Pending an
appeal by the Company (as described below), the NYSE will apply to the
Securities and Exchange Commission to delist the Company&#8217;s common stock
from the NYSE. The Company has taken steps to list its common stock on the
Over-the-Counter Bulletin Board and expects to trade on such exchange for the
near future commencing on Monday, November&nbsp;24.

<P style="font-size: 10pt" align="justify">Under Section&nbsp;804 of the NYSE
rules, the Company has ten business days to notify the NYSE of its intention,
if any, to appeal the NYSE&#8217;s decision and request a hearing before a
Committee of the Exchange&#8217;s Board of Directors. Under the NYSE rules, if
the Company does not notify the NYSE of its decision to appeal the decision in
the aforementioned ten business day period, or if an appeal (if made) should
fail, the NYSE will apply to the SEC to delist the Company&#8217;s common stock
from the NYSE.

<P style="font-size: 10pt" align="justify">A copy of the Press Release issued
by the Company announcing the suspension is included as an exhibit to and
incorporated by reference in this Current Report on Form 8-K.

<P style="font-size: 10pt" align="justify"><B>Section&nbsp;9 Financial
Statements and Exhibits</B>

<P style="font-size: 10pt" align="justify">Item&nbsp;9.01 <U>Financial
Statements and Exhibits</U>. <BR>
&nbsp;
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">(d) </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left"><U>Exhibits</U>.</TD>
 </TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">The following is a list of the exhibits filed
as a part of this Form&nbsp;8-K:</TD>
 </TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid" valign="top"><DIV style="margin-left: 0px; text-indent: 0px">Exhibit<br>No. </DIV></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" valign="top" align="left"><br>Description of Exhibit</TD>
 </TR>

 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release, dated November&nbsp;18, 2008,
announcing the aforementioned notice from the New York Stock Exchange.</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="53%">&nbsp;</TD>
  <TD width="3%">&nbsp;</TD>
  <TD width="6%">&nbsp;</TD>
  <TD width="38%">&nbsp;</TD>
 </TR>
<!-- End Table Head -->

<!-- Begin Table Body -->


 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD align="left" colspan="3"><B>WESTWOOD ONE, INC.</B></TD>
 </TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">Date: November&nbsp;19, 2008 </DIV></TD>
  <TD align="left">By:&nbsp;</TD>
  <TD colspan="2" valign="top" align="left" style="border-bottom: #000000 1px solid"> /s/ David Hillman</TD>
 </TR>

 <TR valign="bottom">
  <TD valign="top">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Name: </TD>
  <TD valign="top" align="left">David Hillman</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Title: </TD>
  <TD valign="top" align="left">Chief Administrative Officer; EVP, <BR>
Business Affairs; General Counsel and<BR>Secretary</TD>
 </TR>

</TABLE>

</div>
<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">

</TABLE>


<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>

<P style="font-size: 10pt" align="center">Current Report on
Form&nbsp;8-K<BR>
dated November&nbsp;13, 2008

<P style="font-size: 10pt" align="center">Westwood One, Inc.
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="left">Exhibit</TD>
  <TD>&nbsp;</TD>
  <TD nowrap align="center">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="left">No.</TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap
align="left">Description of Exhibit</TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release, dated November&nbsp;18, 2008,
announcing the aforementioned notice from the New York Stock Exchange.</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
</DIV>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "c77501e8vk.htm", "description": "FORM 8-K", "secsgml_size_bytes": 11878}]
{"company-data": {"conformed-name": "WESTWOOD ONE INC /DE/", "cik": "0000771950", "assigned-sic": "7900", "irs-number": "953980449", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14691", "film-number": "081200303"}, "business-address": {"street1": "40 WEST 57TH STREET", "street2": "5TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10019", "phone": "2126412063"}, "mail-address": {"street1": "40 WEST 57TH STREET", "street2": "5TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10019"}, "former-company": {"former-conformed-name": "WESTWOOD ONE DELAWARE INC /CA/", "date-changed": "19860408"}}
Filed by Bowne Pure Compliance
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): November 13, 2008
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.)
40 West 57
th
Street, 5
th
Floor
New York, NY
10019
(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:
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 3 Securities and
Trading Markets
Item 3.01
Notice of Delisting or Failure to Satisfy a
Continued Listing Rule or Standard; Transfer of Listing
.
On November 13, 2008, Westwood
One, Inc. (the "Company") was notified by the New York Stock
Exchange (the "NYSE") that the Company had fallen below the
NYSE's minimum continued listing standard relating to total market
capitalization. Rule 802.02 of the NYSE's Listed Company Manual
requires that the Company have a minimum average market capitalization of
$25 million over a consecutive 30-day trading period. The $25 million
market capitalization level is a minimum standard with no cure period and
accordingly, the NYSE has determined to suspend the Company's common
stock prior to the market opening on Monday, November 24. Pending an
appeal by the Company (as described below), the NYSE will apply to the
Securities and Exchange Commission to delist the Company's common stock
from the NYSE. The Company has taken steps to list its common stock on the
Over-the-Counter Bulletin Board and expects to trade on such exchange for the
near future commencing on Monday, November 24.
Under Section 804 of the NYSE
rules, the Company has ten business days to notify the NYSE of its intention,
if any, to appeal the NYSE's decision and request a hearing before a
Committee of the Exchange's Board of Directors. Under the NYSE rules, if
the Company does not notify the NYSE of its decision to appeal the decision in
the aforementioned ten business day period, or if an appeal (if made) should
fail, the NYSE will apply to the SEC to delist the Company's common stock
from the NYSE.
A copy of the Press Release issued
by the Company announcing the suspension is included as an exhibit to and
incorporated by reference in this Current Report on Form 8-K.
Section 9 Financial
Statements and Exhibits
Item 9.01
Financial
Statements and Exhibits
.
(d)
Exhibits
.
The following is a list of the exhibits filed
as a part of this Form 8-K:
Exhibit
No.
Description of Exhibit
99.1
Press Release, dated November 18, 2008,
announcing the aforementioned notice from the New York Stock Exchange.
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: November 19, 2008
By:
/s/ David Hillman
Name:
David Hillman
Title:
Chief Administrative Officer; EVP,
Business Affairs; General Counsel and
Secretary
EXHIBIT INDEX
Current Report on
Form 8-K
dated November 13, 2008
Westwood One, Inc.
Exhibit
No.
Description of Exhibit
99.1
Press Release, dated November 18, 2008,
announcing the aforementioned notice from the New York Stock Exchange.