UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) April 18, 2005 WESTWOOD ONE, INC. -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter Delaware -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-13020 95-3980449 -------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) 40 West 57th Street, 5th Floor, New York, NY 10019 -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (212) 641-2000 -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) -------------------------------------------------------------------------------- (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): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02(c) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On April 18, 2005, Westwood One, Inc. (the "Company") announced that Charles I. Bortnick, 51, and Peter Kosann, 35, have been appointed Co-Chief Operating Officers of the Company. Attached hereto as Exhibit 99.1 is a press release issued by Westwood One, Inc. on April 18, 2005, which is incorporated herein by reference. Information with respect to Mr. Bortnick's and Mr. Kosann's current terms of employment is contained in their employment agreements, which were filed as exhibits to the Company's Annual Report on Form 10-K for the year ended December 31, 2004, and is incorporated herein by reference. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits The following is a list of exhibits filed as part of this Form 8-K: Exhibit No. Description of Document 99.1 Press Release issued by Westwood One, Inc. on April 18, 2005 2 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 22, 2005 /S/ ANDREW ZAREF ----------------------- Andrew Zaref Chief Financial Officer 3