UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Spanish Broadcasting System, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, Par Value $.0001 Per Share -------------------------------------------------------------------------------- (Title of Class of Securities) 846425882 -------------------------------------------------------------------------------- (CUSIP Number) Sumner M. Redstone National Amusements, Inc. 200 Elm Street Dedham, Massachusetts 02026 Telephone: (781) 461-1600 with a copy to: Louis J. Briskman, Esq. CBS Corporation 51 West 52nd Street New York, New York 10019 Telephone: (212) 975-4321 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 2005 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box /_/. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 31 Pages SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 2 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 SUMNER M. REDSTONE -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) IN -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 3 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 NATIONAL AMUSEMENTS, INC. I.R.S. Identification No. 04-2261332 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 4 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 NAIRI, INC. I.R.S. Identification No. 04-3446887 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 5 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 CBS CORPORATION I.R.S. Identification No. 04-2949533 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 6 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 WESTINGHOUSE CBS HOLDING COMPANY, INC. I.R.S. Identification No. 25-1776511 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 7 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 CBS BROADCASTING INC. I.R.S. Identification No. 13-0590730 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 8 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 CBS RADIO INC. I.R.S. Identification No. 13-4142467 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- SCHEDULE 13D ---------------------------------------------- ------------------------- CUSIP No. 846425882 Page 9 of 31 Pages ---------------------------------------------- ------------------------- -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 1 CBS RADIO MEDIA CORPORATION I.R.S. Identification No. 13-2766282 -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (See Instructions) OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEMS 2(d) or 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 11,400,000 EACH --------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,400,000 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400,000 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 22.1% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (See Instructions) CO -------------------------------------------------------------------------------- Item 1. Security and Issuer This Amendment No. 1 (this "Amendment") amends the Statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") on December 27, 2004 (the "Schedule 13D"), with respect to the Class A Common Stock, par value $.0001 per share (the "Class A Shares"), of Spanish Broadcasting System, Inc., a Delaware corporation (the "Issuer"), with its principal executive office located at 2601 South Bayshore Drive, PH 2, Coconut Grove, Florida 33133, by virtue of the Reporting Persons' (as defined in Item 2 below) ownership of the Issuer's Series C Preferred Stock, par value $.002 per share (the "Series C Shares"), which are convertible into Class A Shares on a one-for-twenty basis under certain circumstances, and a warrant to purchase additional Series C Shares (the "Warrant"). The Warrant is more fully described in Item 6 of the Schedule 13D. The Class A Shares carry one vote per share and the Series C Shares carry twenty votes per share. Capitalized terms used but not defined herein shall have the meanings attributed to them in the Schedule 13D. Item 2. Identity and Background Item 2 of the Schedule 13D is hereby amended and restated in its entirety to read as follows: "This Statement is filed by Mr. Sumner M. Redstone, National Amusements, Inc. ("NAI"), NAIRI, Inc. ("NAIRI"), CBS Corporation ("CBS"), Westinghouse CBS Holding Company, Inc. ("W/CBS HCI"), CBS Broadcasting Inc. ("CBSBI"), CBS Radio Inc. ("CBS Radio") and CBS Radio Media Corporation ("CRMC") (collectively, the "Reporting Persons"). CRMC, a Delaware corporation, has its principal executive office at 1515 Broadway, New York, New York 10036. CRMC's principal business is radio broadcasting. 100% of the issued and outstanding stock of CRMC is owned by CBS Radio. Effective February 6, 2006, CRMC changed its name from "Infinity Media Corporation" to "CBS Radio Media Corporation." Each reference in the Schedule 13D to "IMC" is hereby deleted and replaced with a reference to "CRMC". CBS Radio, a Delaware corporation, has its principal executive office at 1515 Broadway, New York, New York 10036. CBS Radio's principal business is radio broadcasting. 100% of the outstanding stock of CBS Radio is owned by CBSBI. Effective December 12, 2005, CBS Radio changed its name from "Infinity Broadcasting Corporation" to "CBS Radio Inc." Each reference in the Schedule 13D to "IBC" is hereby deleted and replaced with a reference to "CBS Radio". CBSBI, a New York corporation, has its principal executive office at 51 West 52nd Street, New York, New York 10019. CBSBI's principal businesses are the CBS television network and television broadcasting. 100% of the issued and outstanding stock of CBSBI is owned by W/CBS HCI. W/CBS HCI, a Delaware corporation, has its principal executive office at 51 West 52nd Street, New York, New York 10019. W/CBS HCI's principal business is television broadcasting. 100% of the issued and outstanding stock of W/CBS HCI is owned by CBS. CBS, a Delaware corporation, has its principal executive office at 51 West 52nd Street, New York, New York 10019 and is a worldwide entertainment company. At January 1, 2006, approximately 71% of CBS's voting Class A Common Stock, par value $.001 per share, and approximately 12% (on a combined basis) of CBS's Class A Common Stock and non-voting Class B Common Stock, par value $.001 per share, was owned by NAIRI. Effective December 31, 2005, CBS changed its name from "Viacom Inc." to "CBS Corporation". Each reference in the Schedule 13D to "Viacom" is hereby deleted and replaced with a reference to "CBS". NAIRI, a Delaware corporation, has its principal office at 200 Elm Street, Dedham, Massachusetts 02026 and is a company owning and operating movie theaters in the United States whose main assets include its shares of CBS Class A Common Stock and Class B Common Stock. 100% of the issued and outstanding stock of NAIRI is owned by NAI. Page 10 of 31 Pages NAI, a Maryland corporation, has its principal office at 200 Elm Street, Dedham, Massachusetts 02026. NAI's principal business is owning and operating movie theaters in the United States, the United Kingdom, South America and Russia and holding the common stock of NAIRI. Mr. Redstone is the controlling shareholder of NAI. Sumner M. Redstone is an individual whose business address is c/o National Amusements, Inc., 200 Elm Street, Dedham, Massachusetts 02026. Mr. Redstone's principal occupation is Chairman of the Board and Chief Executive Officer of NAI, Chairman and President of NAIRI and Chairman of the Board of CBS. The executive officers and directors of CRMC, CBS Radio, CBSBI, W/CBS HCI, CBS, NAIRI and NAI, as of January 1, 2006, are set forth on Schedules I through VII attached hereto, containing the following information with respect to each such person: (a) Name; (b) Residence or business address; and (c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted. During the last five years, none of the Reporting Persons or any person named in any of Schedules I through VII attached hereto has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Each person identified on Schedules I through VII attached hereto is a citizen of the United States. Item 7. Material to Be Filed as Exhibits 1. Joint Filing Agreement, dated February 14, 2006, among CBS Radio Media Corporation, CBS Radio Inc., CBS Broadcasting Inc., Westinghouse CBS Holding Company, Inc., CBS Corporation, NAIRI, Inc., National Amusements, Inc. and Sumner M. Redstone (filed herewith). Page 11 of 31 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Pursuant to Rule 13d-1(k)(1), each of the undersigned agrees that this statement is filed on behalf of each of us. Dated: February 14, 2006 CBS RADIO MEDIA CORPORATION By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS RADIO INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS BROADCASTING INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary WESTINGHOUSE CBS HOLDING COMPANY, INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS CORPORATION By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President, Deputy General Counsel and Secretary Page 12 of 31 Pages NAIRI, INC. By: /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Title: Chairman and President NATIONAL AMUSEMENTS, INC. By: /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Title: Chairman and Chief Executive Officer /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Individually Page 13 of 31 Pages SCHEDULE I Name, business address and present principal occupation or employment of the directors and executive officers of CBS Radio Media Corporation DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Louis J. Briskman CBS Corporation Executive Vice President and General Counsel 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Joel Hollander CBS Radio Inc. Chairman and Chief Executive Officer Chairman and Chief Executive 1515 Broadway CBS Radio Inc. Officer New York, NY 10036 1515 Broadway New York, NY 10036 Anthony G. Ambrosio CBS Corporation Executive Vice President, Human Resources and Administration Executive Vice President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Louis J. Briskman CBS Corporation Executive Vice President and General Counsel Executive Vice President and 51 West 52nd Street CBS Corporation Assistant Secretary New York, NY 10019 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer Executive Vice President and 51 West 52nd Street CBS Corporation Chief Financial Officer New York, NY 10019 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer Senior Vice President and 1515 Broadway CBS Corporation Treasurer New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 14 of 31 Pages SCHEDULE II (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Radio Media Corporation EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Angeline C. Straka CBS Corporation Senior Vice President, Deputy General Counsel and Secretary Senior Vice President and 1515 Broadway CBS Corporation Secretary New York, NY 10036 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer Senior Vice President 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Richard M. Jones CBS Corporation Senior Vice President and General Tax Counsel Senior Vice President and 1515 Broadway CBS Corporation General Tax Counsel New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 15 of 31 Pages SCHEDULE II Name, business address and present principal occupation or employment of the directors and executive officers of CBS Radio Inc. DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Louis J. Briskman CBS Corporation Executive Vice President and General Counsel 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Joel Hollander CBS Radio Inc. Chairman and Chief Executive Officer Chairman and Chief 1515 Broadway CBS Radio Inc. Executive Officer New York, NY 10036 1515 Broadway New York, NY 10036 Anthony G. Ambrosio CBS Corporation Executive Vice President, Human Resources and Administration Executive Vice President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Louis J. Briskman CBS Corporation Executive Vice President and General Counsel Executive Vice President 51 West 52nd Street CBS Corporation and Assistant Secretary New York, NY 10019 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer Executive Vice President 51 West 52nd Street CBS Corporation and Chief Financial Officer New York, NY 10019 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer Senior Vice President and 1515 Broadway CBS Corporation Treasurer New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 16 of 31 Pages SCHEDULE II (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Radio Inc. EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Angeline C. Straka CBS Corporation Senior Vice President, Deputy General Counsel and Secretary Senior Vice President and 1515 Broadway CBS Corporation Secretary New York, NY 10036 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer Senior Vice President 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Richard M. Jones CBS Corporation Senior Vice President and General Tax Counsel Senior Vice President and 1515 Broadway CBS Corporation General Tax Counsel New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 17 of 31 Pages SCHEDULE III Name, business address and present principal occupation or employment of the directors and executive officers of CBS Broadcasting Inc. DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Louis J. Briskman CBS Corporation Executive Vice President and General Counsel 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Leslie Moonves CBS Corporation President and Chief Executive Officer President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Anthony G. Ambrosio CBS Corporation Executive Vice President, Human Resources and Administration Executive Vice President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Louis J. Briskman CBS Corporation Executive Vice President and General Counsel Executive Vice President 51 West 52nd Street CBS Corporation and Assistant Secretary New York, NY 10019 51 West 52nd Street New York, NY 10019 Harry Isaacs CBS Broadcasting Inc. Senior Vice President, Industrial Relations Executive Vice President 1800 Beverly Boulevard CBS Broadcasting Inc. Los Angeles, CA 90036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer Executive Vice President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Page 18 of 31 Pages SCHEDULE III (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Broadcasting Inc. EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Jonathan H. Anschell CBS Broadcasting Inc. Executive Vice President, General Counsel and Assistant Secretary Executive Vice President, 1800 Beverly Boulevard CBS Broadcasting Inc. General Counsel and Los Angeles, CA 90036 51 West 52nd Street Assistant Secretary New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer Senior Vice President 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer Senior Vice President and 1515 Broadway CBS Corporation Treasurer New York, NY 10036 51 West 52nd Street New York, NY 10019 Richard M. Jones CBS Corporation Senior Vice President and General Tax Counsel Senior Vice President and 1515 Broadway CBS Corporation General Tax Counsel New York, NY 10036 51 West 52nd Street New York, NY 10019 Angeline C. Straka CBS Corporation Senior Vice President, Deputy General Counsel and Secretary Senior Vice President and 1515 Broadway CBS Corporation Secretary New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 19 of 31 Pages SCHEDULE IV Name, business address and present principal occupation or employment of the directors and executive officers of Westinghouse CBS Holding Company, Inc. DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Louis J. Briskman CBS Corporation Executive Vice President and General Counsel 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Leslie Moonves CBS Corporation President and Chief Executive Officer Chairman 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Anthony G. Ambrosio CBS Corporation Executive Vice President, Human Resources and Administration Executive Vice President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Jonathan H. Anschell CBS Broadcasting Inc. Executive Vice President, General Counsel and Assistant Secretary Executive Vice President, 1800 Beverly Boulevard CBS Broadcasting Inc. General Counsel and Los Angeles, CA 90036 51 West 52nd Street Assistant Secretary New York, NY 10019 Louis J. Briskman CBS Corporation Executive Vice President and General Counsel Executive Vice President 51 West 52nd Street CBS Corporation and Assistant Secretary New York, NY 10019 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer President 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Page 20 of 31 Pages SCHEDULE IV (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of Westinghouse CBS Holding Company, Inc. EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer Senior Vice President 1515 Broadway CBS Corporation New York, NY 10036 51 West 52nd Street New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer Senior Vice President and 1515 Broadway CBS Corporation Treasurer New York, NY 10036 51 West 52nd Street New York, NY 10019 Richard M. Jones CBS Corporation Senior Vice President and General Tax Counsel Senior Vice President and 1515 Broadway CBS Corporation General Tax Counsel New York, NY 10036 51 West 52nd Street New York, NY 10019 Angeline C. Straka CBS Corporation Senior Vice President, Deputy General Counsel and Secretary Senior Vice President and 1515 Broadway CBS Corporation Secretary New York, NY 10036 51 West 52nd Street New York, NY 10019 Page 21 of 31 Pages SCHEDULE V Name, business address and present principal occupation or employment of the directors and executive officers of CBS Corporation DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Sumner M. Redstone CBS Corporation Chairman of the Board of CBS Corporation, Chairman and Chief 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and New York, NY 10036 President of NAIRI, Inc. 1515 Broadway New York, NY 10036 David R. Andelman Lourie and Cutler, P.C. Attorney 60 State Street Lourie and Cutler, P.C. Boston, MA 02109 60 State Street Boston, MA 02109 Joseph A. Califano Jr. The National Center on Addiction Chairman and President and Substance Abuse at Columbia The National Center on Addiction and Substance Abuse at University Columbia University 633 Third Avenue, 19th Floor 633 Third Avenue, 19th Floor New York, NY 10017 New York, NY 10017 William S. Cohen The Cohen Group Chairman and Chief Executive Officer 1200 19th Street, N.W. The Cohen Group Suite 400 1200 19th Street, N.W. Washington, D.C. 20036 Suite 400 Washington, D.C. 20036 Philippe P. Dauman DND Capital Partners, L.L.C. Co-Chairman and Chief Executive Officer 450 Park Avenue DND Capital Partners, L.L.C. New York, NY 10022 450 Park Avenue New York, NY 10022 Charles K. Gifford Bank of America Chairman Emeritus 100 Federal Street Bank of America Boston, MA 02110 100 Federal Street Boston, MA 02110 Bruce S. Gordon National Association for the President and Chief Executive Officer Advancement of Colored People National Association for the Advancement of Colored People 4805 Mt. Hope Drive 4805 Mt. Hope Drive Baltimore, MD 21215 Baltimore, MD 21215 Page 22 of 31 Pages SCHEDULE V (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Corporation DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Leslie Moonves CBS Corporation President and Chief Executive Officer 51 West 52nd Street CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Ann N. Reese Center for Adoption Policy Co-founder and Executive Director 168A Kirby Lane Center for Adoption Policy Rye, NY 10580 168A Kirby Lane Rye, NY 10580 Shari E. Redstone National Amusements, Inc. President of National Amusements, Inc. and Executive Vice 200 Elm Street President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Judith A. Sprieser c/o CBS Corporation Former CEO of Transora Inc. 51 West 52nd Street c/o CBS Corporation New York, NY 10019 51 West 52nd Street New York, NY 10019 Robert D. Walter Cardinal Health, Inc. Chairman and Chief Executive Officer 7000 Cardinal Place Cardinal Health, Inc. Dublin, OH 43017 7000 Cardinal Place Dublin, OH 43017 EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Sumner M. Redstone National Amusements, Inc. Chairman of the Board of CBS Corporation, Chairman and Chief Chairman of the Board 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and New York, NY 10036 President of NAIRI, Inc. 1515 Broadway New York, NY 10036 Leslie Moonves CBS Corporation President and Chief Executive Officer President and Chief 51 West 52nd Street CBS Corporation Executive Officer New York, NY 10019 51 West 52nd Street New York, NY 10019 Shari E. Redstone National Amusements, Inc. President of National Amusements, Inc. and Executive Vice Vice Chair of the Board 200 Elm Street President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Page 23 of 31 Pages SCHEDULE V (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Corporation EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Anthony G. Ambrosio CBS Corporation Executive Vice President, Human Resources and Administration Executive Vice President, 51 West 52nd Street CBS Corporation Human Resources and New York, NY 10019 51 West 52nd Street Administration New York, NY 10019 Louis J. Briskman CBS Corporation Executive Vice President and General Counsel Executive Vice President 51 West 52nd Street CBS Corporation and General Counsel New York, NY 10019 51 West 52nd Street New York, NY 10019 Carl D. Folta CBS Corporation Executive Vice President, Office of the Chairman Executive Vice President, 1515 Broadway CBS Corporation Office of the Chairman New York, NY 10036 51 West 52nd Street New York, NY 10019 Martin D. Franks CBS Corporation Executive Vice President, Planning, Policy and Government Relations Executive Vice President, 51 West 52nd Street CBS Corporation Planning, Policy and New York, NY 10019 51 West 52nd Street Government Relations New York, NY 10019 Susan C. Gordon CBS Corporation Senior Vice President, Controller and Chief Accounting Officer Senior Vice President, 1515 Broadway CBS Corporation Controller and Chief New York, NY 10036 51 West 52nd Street Accounting Officer New York, NY 10019 Joseph R. Ianniello CBS Corporation Senior Vice President, Finance and Treasurer Senior Vice President, 1515 Broadway CBS Corporation Finance and Treasurer New York, NY 10036 51 West 52nd Street New York, NY 10019 Richard M. Jones CBS Corporation Senior Vice President and General Tax Counsel Senior Vice President and 1515 Broadway CBS Corporation General Tax Counsel New York, NY 10036 51 West 52nd Street New York, NY 10019 Fredric G. Reynolds CBS Corporation Executive Vice President and Chief Financial Officer Executive Vice President 51 West 52nd Street CBS Corporation and Chief Financial Officer New York, NY 10019 51 West 52nd Street New York, NY 10019 Gil Schwartz CBS Corporation Executive Vice President, Corporate Communications Executive Vice President, 51 West 52nd Street CBS Corporation Corporate Communications New York, NY 10019 51 West 52nd Street New York, NY 10019 Page 24 of 31 Pages SCHEDULE V (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of CBS Corporation EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Martin M. Shea CBS Corporation Executive Vice President, Investor Relations Executive Vice President, 51 West 52nd Street CBS Corporation Investor Relations New York, NY 10019 51 West 52nd Street New York, NY 10019 Angeline C. Straka CBS Corporation Senior Vice President, Deputy General Counsel and Secretary Senior Vice President, 1515 Broadway CBS Corporation Deputy General Counsel and New York, NY 10036 51 West 52nd Street Secretary New York, NY 10019 Page 25 of 31 Pages SCHEDULE VI Name, business address and present principal occupation or employment of the directors and executive officers of NAIRI, Inc. DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted George S. Abrams Winer & Abrams Attorney 60 State Street Winer & Abrams Boston, MA 02109 60 State Street Boston, MA 02109 David Andelman Lourie and Cutler, P.C. Attorney 60 State Street Lourie and Cutler, P.C. Boston, MA 02109 60 State Street Boston, MA 02109 Philippe P. Dauman DND Capital Partners, L.L.C. Co-Chairman and Chief Executive Officer 450 Park Avenue DND Capital Partners, L.L.C. New York, NY 10022 450 Park Avenue New York, NY 10022 Brent D. Redstone National Amusements, Inc. Director 200 Elm Street National Amusements, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Shari E. Redstone National Amusements, Inc. Vice Chair of CBS Corporation, President of National 200 Elm Street Amusements, Inc. and Executive Vice President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Sumner M. Redstone CBS Corporation Chairman of the Board of CBS Corporation, Chairman and Chief 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and New York, NY 10036 President of NAIRI, Inc. CBS Corporation 1515 Broadway New York, NY 10036 Page 26 of 31 Pages SCHEDULE VI (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of NAIRI, Inc. EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Sumner M. Redstone CBS Corporation Chairman of the Board of CBS Corporation, Chairman and Chief Chairman and President 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and New York, NY 10036 President of NAIRI, Inc. CBS Corporation 1515 Broadway New York, NY 10036 Shari E. Redstone National Amusements, Inc. Vice Chair of CBS Corporation, President of National Executive Vice President 200 Elm Street Amusements, Inc. and Executive Vice President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Jerome Magner National Amusements, Inc. Vice President and Treasurer of National Amusements, Inc. and Vice President and Treasurer 200 Elm Street NAIRI, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Richard Sherman National Amusements, Inc. Vice President of National Amusements, Inc. and NAIRI, Inc. Vice President and 200 Elm Street 200 Elm Street Assistant Secretary Dedham, MA 02026 Dedham, MA 02026 Tilly Berman National Amusements, Inc. Secretary Secretary 200 Elm Street National Amusements, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Page 27 of 31 Pages SCHEDULE VII Name, business address and present principal occupation or employment of the directors and executive officers of National Amusements, Inc. DIRECTORS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted George S. Abrams Winer & Abrams Attorney 60 State Street Winer & Abrams Boston, MA 02109 60 State Street Boston, MA 02109 David Andelman Lourie and Cutler, P.C. Attorney 60 State Street Lourie and Cutler, P.C. Boston, MA 02109 60 State Street Boston, MA 02109 Philippe P. Dauman DND Capital Partners, L.L.C. Co-Chairman and Chief Executive Officer 450 Park Avenue DND Capital Partners, L.L.C. New York, NY 10022 450 Park Avenue New York, NY 10022 Brent D. Redstone National Amusements, Inc. Director 200 Elm Street National Amusements, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Shari E. Redstone National Amusements, Inc. Vice Chair of CBS Corporation, President of National 200 Elm Street Amusements, Inc. and Executive Vice President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Sumner M. Redstone CBS Corporation Chairman of the Board of CBS Corporation, Chairman and Chief 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and New York, NY 10036 President of NAIRI, Inc. CBS Corporation 1515 Broadway New York, NY 10036 Page 28 of 31 Pages SCHEDULE VII (Continued) Name, business address and present principal occupation or employment of the directors and executive officers of National Amusements, Inc. EXECUTIVE OFFICERS Name Business Address Present Principal Occupation or Employment and Name and Principal Address of Corporation in which Employment is Conducted Sumner M. Redstone CBS Corporation Chairman of the Board of CBS Corporation, Chairman and Chief Chairman and Chief 1515 Broadway Executive Officer of National Amusements, Inc. and Chairman and Executive Officer New York, NY 10036 President of NAIRI, Inc. CBS Corporation 1515 Broadway New York, NY 10036 Shari E. Redstone National Amusements, Inc. Vice Chair of CBS Corporation, President of National President 200 Elm Street Amusements, Inc. and Executive Vice President of NAIRI, Inc. Dedham, MA 02026 National Amusements, Inc. 200 Elm Street Dedham, MA 02026 Jerome Magner National Amusements, Inc. Vice President and Treasurer of National Amusements, Inc. and Vice President and Treasurer 200 Elm Street NAIRI, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Richard Sherman National Amusements, Inc. Vice President of National Amusements, Inc. and NAIRI, Inc. Vice President and 200 Elm Street 200 Elm Street Assistant Secretary Dedham, MA 02026 Dedham, MA 02026 Tilly Berman National Amusements, Inc. Secretary Secretary 200 Elm Street National Amusements, Inc. Dedham, MA 02026 200 Elm Street Dedham, MA 02026 Page 29 of 31 Pages JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13D, dated February 14, 2006 (the "Schedule 13D"), with respect to the Common Stock, par value $.0001 per share, of Spanish Broadcasting System, Inc. is, and any amendments executed by us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and that this Agreement shall be included as an exhibit to the Schedule 13D and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 14th day of February 2006. CBS RADIO MEDIA CORPORATION By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS RADIO INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS BROADCASTING INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary WESTINGHOUSE CBS HOLDING COMPANY, INC. By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President and Secretary CBS CORPORATION By: /s/ ANGELINE C. STRAKA ------------------------------------------------- Name: Angeline C. Straka Title: Senior Vice President, Deputy General Counsel and Secretary Page 30 of 31 Pages NAIRI, INC. By: /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Title: Chairman and President NATIONAL AMUSEMENTS, INC. By: /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Title: Chairman and Chief Executive Officer /s/ SUMNER M. REDSTONE ------------------------------------------------- Name: Sumner M. Redstone Individually Page 31 of 31 Pages