In the new version, it's not so much a stand-alone show, but rather a segment within the newscast. So in reality, CBS isn't really digging up the corpse of Murrow, but just using his name and historical notoriety in an effort to help give a rise to the network's presently flaccid ratings.
Executive Producer Rome Hartman comments on how they are going to stay competitive in the world of evening news:
"We really have been focused on trying to make the broadcast as good as it can be and not chasing any specific demographic or viewer, but hoping we are doing a broadcast that is interesting and lively and valuable. ... That is going to be a long process and hopefully one that will be successful. It's going to take time."The 1950's show, "Person to Person" was about as hard hitting as a feather pillow. Murrow, who was used to un-apologetically sacrificing the golden calves of the political spectrum of his time, was hamstrung by the confines of the show, which was usually shot inside a celebrity's home, never stayed on one topic too long and never ventured too far into deep political or philosophical conversation. It was designed solely gave viewers insight into the superficial surroundings of a notable person of the day.
Think of it as a 1950's era version of MTV's "Cribs."
Despite the criticism of his peers for the softball approach to public figures, Person to Person became a big success for the network and revolutionized the way interviews were conducted. It also made Murrow a celebrity in his own right, which helped him later on in his career.
For a more detailed look at the history of the show, read the article published at the Museum of Broadcast Communications website.