This is a list of notable events, premieres, releases, series cancellations and endings, and other business ventures for Nickelodeon in the year 1987.
- November 2 - Finders Keepers
- Acquired shows
- January 5 - The Ann Sothern Show/Private Secretary
- March 7 - The Bad News Bears
- March 7 - Mad Movies with the L.A. Connection
- March 15 - The Shari Show
- May 18 - Maple Town
- June 1 - Adventures of the Little Koala
- July 1 - Car 54, Where Are You?
- October 1 - Inspector Gadget
- October 4 - 16 Cinema
- October 5
- Rowan and Martin's Laugh-In
- Sharon, Lois, and Bram's Elephant Show
- November 29 - Kids' Writes ends its four-year run
- The Adventures of Black Beauty
- December 31 - Standby...Lights! Camera! Action!
- January 28 - Chelsea Brummet is born.
- February 24 - Ulises Cuadra is born.
- March 1 - Kesha is born.
- May 31 - Curtis Williams, Jr. is born.
- June 16 - Diana DeGarmo is born.
- July 11 - Cristina Vee is born.
- September 29 - David Del Rio is born.
- December 6 - Jack DeSena is born.
- December 7 - Aaron Carter is born.
Behind the scenes
- You Can't Do That On Television ceases production after a short 5-episode season.
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