After Martin Agronsky retired as moderator of Agronsky & Co. in 1988, Peterson became producer and moderator of the show, which was retitled Inside Washington.
He also won an award at the Venice Film Festival Award for his one-hour documentary—the first such award granted to a news documentary—on Polaris, Journal of an Undersea Voyage, about a three-week undersea voyage aboard USS George Washington, one of the first U.S. nuclear submarines based out of Holy Loch, Scotland.
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