Barbara Walters, the 83-year-old co-host of The View, is recovering after falling and cutting her forehead while visiting the British Ambassador's residence in Washington D.C. on Saturday evening (January 19, 2013). Walters was treated in hospital, where she remains for observation.

"Barbara Walters fell on a stair last evening while visiting the British Ambassador's residence and the fall left her with a cut on her forehead," a representative for ABC News told E! News. "Out of an abundance of caution, she went to the hospital to have her cut tended to, have a full examination and remains there for observation. Barbara is alert (and telling everyone what to do), which we all take as a very positive sign." The veteran journalist was scheduled to contribute to the network's coverage of President Obama's inauguration events, though she no longer be on air Monday, and possibly for several days after that, according to TV Newser.

Walters is considered to be TV news' first female superstar, landing an unprecedented $1 million salary in 1976. She created The View in 1997 - a live weekday talk show that became an unlikely hit and is still one of the most popular shows on American television. 

Barbara Walters Arriving At The FIT Couture Council Event: