Westwood one income drops.(Brief Article)

CBS Radio--managed Westwood One Inc.'s third-quarter net income fell more than 50%, to $3.9 million, compared with the same period in 1997. Net revenue was up 5.2%, to a record $66.7 million, which was partially offset by the elimination of certain programming, including Major League Baseball, the company said last Tuesday (Nov. 10). After-tax cash flow rose 9%, to $12.2 million. …