Westwood One, Inc Radio Network 1990's

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Beautifully engraved Certificate from the Westwood One, Inc issued in 1990 - 1995. The scarce certificate represents a seven year Common Stock Purchase Warrant. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of the company's logo. This item has the printed signatures of the company's officers including Norman Pattiz as its Chariman. Mr. Pattiz has been the Chairman of the Board of Westwood One, Inc the nation's largest radio network for the past five years. Mr. Pattiz founded Westwood One, Inc. in 1976 and was Chief Executive Officer until February 1994. Mr. Norman J. Pattiz is chairman and founder of Westwood One, which he started as a small radio syndication company in 1976 in a one room office on the west side of Los Angeles. Today, more than twenty years later, that company is the world's largest radio syndication service, which owns the Mutual Broadcasting System, the Unistar networks, NBC Radio, and distributes hundreds of radio programs. Mr. Pattiz has been described by Broadcasting Magazine as the "Radio Success Story of the 80's" and by USA Today as the "Ted Turner of Radio." He remains today as Westwood One's Chairman, Executive Producer of all the company's entertainment programming, and the largest individual shareholder. He has been very active and recognized within his profession receiving numerous awards for his visions for radio. He is a man at the very top of his field. He demonstrates an exceptional commitment to education and to SIUC by reinvesting his success in students. Mr. Norman J. Pattiz has become a leader in broadcast education in the United States, visiting numerous schools for lectures, serving as President of the Broadcast Education Association (BEA), and founding the Council of Professionals to draw other industry leaders into higher education. He is a Trustee of the Museum of Television & Radio, a patron of the Hamilton Academy of Music and serves on the Communications Board of the Associated Students at UCLA, and the Board of Directors for the Earth Communications Office (ECO) and Cedars Sinai Hospital in Los Angeles. He has previously served on the boards of the Radio Network Association, the Hollywood Radio and Television Society, the Radio Advertising Bureau, and has been the recipient of numerous professional and leadership awards. He has raised funds to support broadcast education projects and has given generously of his own resources. As a member of the BEA Board of Directors, he has met academics on their own ground to forge constructive relationships between professionals and academics in the field. There are few heads of corporations who become as involved at the grassroots level of higher education as has Mr. Norman J. Pattiz. He has been not only generous with his money but also with his time, making a significant impact on the future of broadcast education. Like the all-American boy with his favorite toy, Westwood One was raised on the radio. The company is one of the largest producers and distributors of radio programming in the US, and the nation's largest radio network. Westwood One broadcasts entertainment, news, finance, sports, talk, and traffic programming (including Don Imus and Martha Stewart) to about 7,500 radio stations. It also produces concerts and events, and broadcasts college football and basketball games. It is the US's top provider of local news and traffic reports. Infinity Broadcasting (Viacom's 64%-owned radio arm) manages Westwood One and owns about 17% of the company; through ownership of Class B shares, chairman Norman Pattiz controls 25%.