The Press: Sunrise Sweepstakes

Barely a year ago, Jane Pauley was a second-string newsreader for a local TV station in Indianapolis. This week she goes on the air as the favored finalist in network television's most comprehensive talent hunt—well, since NBC went looking for a man to co-host the Today show with Barbara Walters in 1974. This time, the network is hunting for someone to replace Walters, who next month starts her $1 million-a-year job on ABC's Evening News.

The sunrise sweepstakes began last May after Walters announced her change of venue. NBC Vice Presidents Richard Fischer and...

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