Stern to Replace Fallon, Leno Retiring?

Howard Stern has been named in rumors this week about replacing Jimmy Fallon for the 12:35 a.m. timeslot on NBC.

Futhermore, Fallon is slated to then replace Jay Leno's timeslot on the network.

Known as the "king of all media," Stern is reportedly being "groomed" for the spot and could take over Fallon's post as early as next year, according to the New York Post.

The 59-year-old radio personality currently hosts his Sirius XM Radio show and recently signed onto the latest season of "America's Got Talent" as a judge. Although his late night show in NBC has not been confirmed, Stern's wife, Beth Ostrosky, hinted that Stern would be a hit.

"I always say that to him," said the actress, according to the NY Post. "He is one of the best interviewers out there."

NBC intends to change its evening lineup in 2013-14, according to The Hollywood Reporter. In addition to rumors about Stern, NBC may also cut Leno from the network, as buzz of the late night television host's retirement arose last week.

While there is no expiration date on Leno's "The Tonight Show" on NBC, that could change after this year.

"We do not speculate on rumor," stated Leno's rep, according to THR.

NBC intends to change its evening lineup in 2013-14, begging rumors that Leno is leaving his long-running late show and will be replaced by Jimmy Fallon, reported The Hollywood Reporter.

Fallon and his "Late Night" show is expected to assume the coveted 11:35 p.m. time slot.

Leno has met stiff competition this year, and NBC is worried that rival late-night talk show host Jimmy Kimmel will steal young viewers from the network, according to The Atlantic Wire. Consequently, the network is reportedly contemplating replacing Leno with Fallon in order to stay competitive with Kimmel.

"The more time Jimmy Kimmel is in that slot, the more the young audiences goes that way, the harder is is for Jimmy [Fallon] to keep that audience…" said a source close to the situation, according to Atlantic Wire.

Meanwhile, Leno is signed to a contract through 2014.