SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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) March 18, 2003


                               WESTWOOD ONE, INC.
             (Exact name of registrant as specified in its charter)


          Delaware                   0-13020                    95-3980449
- -----------------------------     --------------           --------------------
    (State or other                 (Commission                 (IRS Employer
jurisdiction of incorporation       File Number)             Identification No.)


              40 W 57th Street 5th Floor, New York, New York 10019
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code (212) 641-2000



(Former name or former address, if changed since last report)

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Item 5.  Other Events and Regulation FD Disclosure.

Registrant issued a press release updating its financial  guidance for the first
quarter and full year 2003.

Item 7.  Financial Statements and Exhibits

99.1 Press release of Westwood One, Inc. updating its financial guidance for the
     first quarter and full year 2003.

<page>
                                   SIGNATURES
                                   ----------

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.



                                                    /S/ Jacques Tortoroli
Date:  March 18, 2003                               ----------------------------
       --------------                               Jacques Tortoroli
                                                    Chief Financial Officer

<page>
                                  EXHIBIT INDEX
                                  -------------

Exhibit No.    Exhibit
- -----------    -------

99.1           Press Release of Westwood One, Inc. updating its financial
               guidance for the first quarter and full year 2003.