Tom Brokaw.(The 1997 Broadcasting & Cable Hall of Fame)

Broadcasting & Cable, November, 1997

In July, 31-year NBC News veteran Tom Brokaw signed a new contract that will keep him at his post as anchor and managing editor of the NBC Nightly News until 2002. In so doing, he rebuffed a $7 million-a-year offer to join CNN.

Brokaw has been the sole anchor of Nightly News since 1983, but the past year has been particularly gratifying. For the broadcast year ended Sept. 21, Nightly was the ratings winner for the first time in 10 years.

When he renewed his contract, Brokaw said, "This is an exciting time of unparalleled growth for NBC News, and I am thrilled to be a part of it." That growth includes the expansion of the news division's magazine Dateline across four nights in prime time and the launching of cable news network MSNBC. Brokaw...

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