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- <text id=92TT2835>
- <title>
- Dec. 21, 1992: Cheerless
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1992
- Dec. 21, 1992 Restoring Hope
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- THE WEEK, Page 24
- CULTURE
- Cheerless
- </hdr><body>
- <p>NBC drops a top show and could lose Letterman, its late-night
- franchise
- </p>
- <p> The timing of the announcement--the 51st anniversary of
- Pearl Harbor--was appropriate. NBC disclosed that this will be
- the last season for Cheers, the network's top hit and one of the
- most successful comedies in TV history. The show's producers
- decided to close the fictional Boston bar after 11 years.
- </p>
- <p> The news didn't get better. A day later, it was revealed
- that David Letterman, host of NBC's popular late-night show,
- had been offered more than $14 million a year from CBS to jump
- networks. NBC has a month to match the deal, but will be hard
- pressed to do so. The ratings last week showed NBC trailing CBS
- and ABC by a large margin. It all looked, as Letterman
- explained sardonically, like a grand plan to keep NBC in last
- place.
- </p>
-
- </body></article>
- </text>
-
-