The show lasted for fourteen months in its new format. Among the terms of Carson's agreement to stay with NBC was that he would gain control of the time slot following "The Tonight Show". On November 9, 1981, NBC and Carson's production company Carson Productions announced the creation of "Late Night with David Letterman", a program set to premiere in early 1982 in the 12:30 a.m. time slot Monday through Thursday. NBC offered Snyder the 1:30 to 2:30 a.m. time slot following Letterman, but he refused and the show was canceled.