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“Nightline” At Risk of Cancellation

Despite a trend that shows the long-running newsmagazine Nightline closing the viewer gap against CBS’s Late Night With David Letterman, ABC could cancel the news magazine should the network get the opportunity to pick up Jay Leno in a new late-night talk show.

“It would be hard for ABC not to make a play for Leno,” said Greg Kahn, senior vice president of the ad-buying firm Optimedia. “He is still at the top of his game, and the thinking is that a lot of ad dollars would follow him to another network.”

Starting next year, Leno will step down from The Tonight Show, so that NBC can install Conan O’Brien as the new host, but Leno, 58, isn’t ready to retire and rival studios ABC and Fox are already making a play on the talk show host, whose show earns about $50 million a year profit for NBC.

Source: LA Times