Show Business: Quarter of a Loaf

Would ABC bow to low ratings results and the wishes of many of its affiliates by canceling the Dick Cavett Show? Or would it defer to the argument by Cavett's highly vocal following that the show was a late-night oasis of wit and intelligence that should not be forced to compete for a mass public? For months that has been the big question in the TV industry.

Last week ABC announced its decision: it will do neither. Under a compromise arrangement starting in January, the network will keep the Cavett show on the air for one week each month. In two other...

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