Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Gregrey Paul
2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2007
3. Issuer Name and Ticker or Trading Symbol
WESTWOOD ONE INC /DE/ [WON]
(Last)
(First)
(Middle)
WESTWOOD ONE, 40 WEST 57TH STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Sales, Network Division
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
common stock 50,833 (1)
D
 
common stock 896
I
by 401(k) plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
stock option (right to buy)   (2) 09/30/2009 common stock 30,000 (3) $ 22.57 D  
stock option (right to buy)   (4) 03/08/2010 common stock 30,000 $ 32.25 D  
stock option (right to buy)   (5) 02/21/2011 common stock 20,000 $ 22.06 D  
stock option (right to buy)   (6) 09/20/2011 common stock 10,000 $ 21.46 D  
stock option (right to buy)   (7) 09/25/2012 common stock 35,000 $ 35.19 D  
stock option (right to buy)   (8) 09/30/2013 common stock 40,000 $ 30.19 D  
stock option (right to buy)   (9) 10/05/2014 common stock 50,000 $ 20.5 D  
stock option (right to buy)   (10) 05/19/2015 common stock 12,000 $ 19.93 D  
stock option (right to buy)   (11) 02/10/2016 common stock 20,000 $ 14.27 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gregrey Paul
WESTWOOD ONE
40 WEST 57TH STREET
NEW YORK, NY 10019
      EVP, Sales, Network Division  

Signatures

David Hillman as attorney-in-fact for Paul Gregrey 05/07/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Reporting Person received: (i) a grant of 15,000 shares of restricted stock on February 10, 2006 that vests in equal one-fourth increments on January 10, 2007, 2008, 2009 and 2010 (of such grant, 11,250 shares of restricted stock remain); and (ii) a grant of 39,000 shares of restricted stock on March 13, 2007 that vests in equal one-fourth increments on March 13, 2008, 2009, 2010 and 2011. Dividend equivalents of 726 shares have accrued upon such grants.
(2) Option to buy 30,000 shares of Westwood One, Inc. common stock that became exercisable in equal one-fifth increments on September 30, 2000, 2001, 2002, 2003 and 2004.
(3) 12,000 stock options remain.
(4) Option to buy 30,000 shares of Westwood One, Inc. common stock that became exercisable in equal one-fifth increments on March 8, 2001, 2002, 2003, 2004 and 2005.
(5) Option to buy 20,000 shares of Westwood One, Inc. common stock that became exercisable in equal one-fifth increments on February 21, 2002, 2003, 2004, 2005 and 2006.
(6) Option to buy 10,000 shares of Westwood One, Inc. common stock that became exercisable in equal one-fifth increments on September 20, 2002, 2003, 2004, 2005 and 2006.
(7) Option to buy 35,000 shares of Westwood One, Inc. common stock that became or becomes exercisable in equal one-fifth increments on September 25, 2003, 2004, 2005, 2006 and 2007.
(8) Option to buy 40,000 shares of Westwood One, Inc. common stock that became or becomes exercisable in equal one-fifth increments on September 30, 2004, 2005, 2006, 2007 and 2008.
(9) Option to buy 50,000 shares of Westwood One, Inc. common stock that became or becomes exercisable in equal one-fifth increments on October 5, 2005, 2006, 2007, 2008 and 2009.
(10) Option to buy 12,000 shares of Westwood One, Inc. common stock that became or becomes exercisable in equal one-fifth increments on May 19, 2006, 2007, 2008, 2009 and 2010.
(11) Option to buy 20,000 shares of Westwood One, Inc. common stock that became or becomes exercisable in equal one-fourth increments on February 10, 2007, 2008, 2009 and 2010.

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