The company's stock soared, and in 1998 Moreno sold the company to Infinity Broadcasting for $8 billion.
This format continued until Infinity Broadcasting purchased the station in 1988.
The second-biggest rise was is Infinity Broadcasting, which jumped to 12.3 million from 165,437.
Westinghouse would be purchased by Infinity Broadcasting in 1999.
Westwood One was itself taken over by Infinity Broadcasting in 1994.
He built a fortune of nearly $1 billion by selling his outdoor billboard business to Infinity Broadcasting in 1999.
Infinity Broadcasting, the company's radio unit, showed signs of improvement after a bad year.
Snider sold the station to Infinity Broadcasting in 1994.
Most recently, the radio giant Infinity Broadcasting threatened to stop using Arbitron.
Infinity Broadcasting, the latest owner, needed to make changes.