Jay Leno to move back to NBC's late night



LOS ANGELES, California (CNN) -- NBC host Jay Leno is going back to late nights after a low-rated, three-month experiment in prime time, the network announced Sunday.

Leno's prime-time talk show, which debuted in September, "didn't meet affiliates' needs," said Jeff Gaspin, chairman of NBC Universal Television Entertainment. The program will go off the air February 12, when the 2010 Winter Olympics begin.

leno_fortune2.03.jpg
Jay Leno.

The network is now negotiating among Leno and its current late-night hosts, Conan O'Brien and Jimmy Fallon, to decide who ends up with which time slot, Gaspin said.

O'Brien took over NBC's flagship "Tonight Show" when Leno moved to 10 p.m. ET in September. Fallon took over O'Brien's former show, "Late Night."

Gaspin said the plan now is for Leno to host a new, half-hour show at 11:35 p.m. ET, followed by "Tonight" with O'Brien at 12:05 a.m. and Fallon's show moving to the 1 a.m. hour. The goal is to keep all three hosts, but nothing was a done deal as of Sunday, he said.

Reports of the shakeup first emerged last week. Leno dismissed them on his Thursday night show, telling his audience, "It's always been my experience NBC only cancels you when you're in first place."

Leno's move to prime time was a risk for NBC, because it put a talk show up against scripted prime-time shows and ran it five days a week. Network spokeswoman Rebecca Marks said last week that Leno performed "exactly as we anticipated on the network."

NBC's local stations lost ads

But for NBC's affiliates, Leno's low ratings were taking viewers -- and the resulting ad dollars -- away from their late local newscasts.

"The 11 o'clock news hours were bleeding ratings," said Stuart Levine, an analyst for the entertainment trade paper Variety. While NBC appeared to be fine with Leno's numbers, "The affiliates kind of revolted and said we have to have better ratings."

Michael Fiorile, the chairman of NBC's affiliate board, called the decision announced Sunday "a great move for the affiliates, the network and, most importantly, the viewers."

"We admire their willingness to innovate, and their willingness to change course when it didn't work for us," Fiorile said in a written statement.

For NBC, which had promised to give Leno a full year in the 10 p.m. time slot, "It's certainly a little bit of egg on the face," Levine said. Mediaweek analyst Marc Berman called the network's gamble on Leno "the biggest fiasco in the history of television."

"What they didn't realize was that the people who watched Leno in late night were not necessarily the same people who watched in prime time, so there was no reason to believe that his audience would follow him to prime time," Berman said. Meanwhile, the O'Brien-helmed "Tonight" lost about half its audience "and actually really hurt late night, which is a big profit center for NBC."

Meanwhile, moving "Tonight" -- which has held its current slot for decades -- back a half-hour is likely to hurt the show, and Berman predicted that NBC will be unable to keep all three hosts.

"My guess is down the road, they will give back Leno the Tonight Show, leave it on on at 11:35 p.m. and Conan will move to Fox," he said. "But if I was either one of those gentlemen, I would be looking elsewhere right now."

-- CNN's Doug Hyde contributed to this report. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,131.97 100.83 0.59%
Nasdaq 4,552.76 33.86 0.75%
S&P 500 1,998.98 14.85 0.75%
Treasuries 2.59 -0.00 -0.08%
Data as of 4:05am ET
Company Price Change % Change
Apple Inc 100.86 0.00 0.00%
Bank of America Corp... 16.71 -0.03 -0.18%
Yahoo! Inc 42.71 0.16 0.38%
Alcoa Inc 16.16 -0.23 -1.40%
Facebook Inc 76.08 1.50 2.01%
Data as of Sep 16

Sections

Scotland's independence vote is too close to call but those who want to keep Britain united won this year's campaign funding race by some distance. More

The FBI's new facial recognition system lets local police easily identify you. It will one day spot you from your iris, voice and the way you walk. More

Y Combinator president Sam Altman is teaching a startup class at Stanford with Silicon Valley heavy hitters as guest lecturers. Bonus: All the videos will be available for free online. More

Occupy Wall Street offshoot Strike Debt says it has abolished nearly $4 million in private student loan debt for students who attended Everest College, part of Corinthian Colleges. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.