Will Jay Leno move to a new network? After Internet rumors circulated this week that NBC is mulling over canceling his current, ratings-challenged prime-time spot, Jay Leno addressed the possibility on Thursday’s show, taking a few pot shots at NBC.

“As you may have heard, there’s a rumor floating around that we were cancelled. I heard it coming in this morning on the radio … So far no one has said anything to me … But, you know, if we did get cancelled, it would give us time to do some traveling. In fact, I understand FOX is beautiful this time of year,” he joked, indicating that if the rumors are true, he would consider moving his show to a new network.

“What does NBC stand for? Never believe your contract,” Leno added in another zinger.

Read Jay Leno Speaks Out on David Letterman

However, a inside source revealed to the Huffington Post that instead of canceling The Jay Leno Show completely, NBC would instead air a half-hour at 11:35 and push back The Tonight Show with Conan O’Brien to 12:05 and Jimmy Fallon's Late Night to 1:05 a.m. in a new lineup that could go into effect as soon as February. (Huffington Post)

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