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Westwood One (1976–2011)
Westwood One is an American radio network that was based in New York City. At one time, it was managed by CBS Radio, the radio arm of CBS Corporation, and Viacom (1971–2005) and was later purchased by the private equity firm The Gores Group. Due to purchases, mergers and other forms of consolidation in the 1980s and 1990s, at one time or another, it had ownership stakes in or syndication rights to some of the most famous brands in network radio, including CBS, NBC, Mutual, CNN, Fox and Unistar. The company was one of the largest producers and distributors of radio programming in the United States. It broadcast entertainment, news, weather, sports, talk, and traffic programming to about 7,700 radio stations across the United States. The company was the top provider of local traffic reports in the US through its subsidiaries, Metro Networks, Shadow Broadcast Services, SmartRoute Systems, and Sigalert.com.〔(socalTECH.com - Sigalert.com Acquired By Westwood One )〕 Westwood One also offers weather services; originally using Accuweather, Westwood switched to The Weather Channel in 2009.
Oaktree Capital Management, through its Triton Media Group division, merged with Westwood One in October 2011. Triton then folded Westwood One into its Dial Global subsidiary. The Westwood One name was initially retained for most sports programming. However, starting with the 2011–12 NFL playoffs, Westwood One's sports programming was branded as "Westwood One on the Dial Global Radio Network." After the NFL Playoffs concluded, the Westwood One name was removed altogether in favor of the Dial Global Sports Network, and the sports website was relocated to www.dialglobalsports.com.
On September 4, 2013, Dial Global announced that it was renaming itself Westwood One, citing greater brand recognition.〔(Ahead Of Cumulus Merger, Dial Global Changing Its Name To Westwood One ) ''Forbes'', September 4, 2013, "That's why, as of today, Dial Global is renaming itself Westwood One. That's the name of the radio network Dial Global merged with in 2011, and it's still the name better known to civilians used to hearing it read on the air."〕
==History==
The company was founded by Norman J. Pattiz in 1976. At the time, he was a former advertising sales executive with KCOP-TV, a Los Angeles TV station. He was listening to a local radio station doing a Motown weekend, and decided to syndicate ''The Sound of Motown'' to radio. The show was a success. He added several more shows during the 1970s, including Dr. Demento and Mary Turner's "Off The Record.". In 1981 Norm Pattiz started recording live concerts for broadcast with a Chuck Berry recording in January of that year, the company was a leader in live broadcasts and concert recordings for radio, until May 2011 when Westwood stopped recording live concerts. By 1982, Pattiz was distributing his radio shows via satellite through an arrangement with idb Communications in Culver City. Pattiz took Westwood One public in 1984, and with the money raised by the IPO, he purchased the Mutual Broadcasting System in 1985, and the NBC Radio Network in 1987. Other highlights in the late 1980s include the purchase of three radio stations, the trade paper ''Radio & Records'', and the hiring of Casey Kasem from ABC. Although Pattiz long remained a major shareholder and board chairman, control and management shifted to others in the early 1990s. First, in 1993, it was to radio station group owner Infinity Broadcasting, headed by Mel Karmazin, who also took over direct management of Westwood. With Infinity already owning and managing competing Unistar Radio Networks (formerly known as the RKO Radio Networks and later as United Stations Radio Networks, which merged with Transtar in the late 1980s), the two companies were combined under the Westwood name in 1994 (later spinning off Transtar in 2006). After the sale of his Infinity Broadcasting to Westinghouse, then parent of CBS, Karmazin went on to become COO of CBS and under his control, CBS took over management of Westwood. CBS also had a significant ownership stake in Westwood, which then purchased Metro Networks in 1999 in a three-way merger involving Metro Networks, Copter Acquisition Corp. and Westwood. On August 30, 2010, Pattiz stepped down from the board and was succeeded as chairman by Mark Stone, Senior Managing Director of the Gores Group, which by then was majority owner and controlled Westwood. A Westwood press release said Pattiz signed a new contract as a company consultant. Pattiz has now started "Podcastone" providing a central website for listeners to find their favorite radio personalities.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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