NBC votes to extend its president's tenure
September 4, 1980
New York
In an early show of confidence, NBC's board of directors announced Wednesday that the contract of president Fred Silverman -- who many thought was on his way out -- has been extended from June 8, 1981, when it was due to expire to Dec. 31 , 1982. According to Monitor TV critic Arthur Unger, Mr. Silverman had stated when he first took office that NBC would be in No. 1 position by Christmas 1980. NBC finished last season in third place.