Westwood One Profit Is Up 14% on Falling Costs

Westwood One Inc., which provides about 7,500 radio and television stations with news, sports, talk and other programs, said second-quarter profit rose 14% as some expenses fell. Net income climbed to $12.1 million, or 11 cents a share, from $10.6 million, or 9 cents, a year earlier. Sales fell 2.1% to $133.7 million from $136.5 million.