Leno's options: Could he replace Letterman at CBS?!
You know how people say stuff like "if CBS cancels Moonlight, I'm never watching that stupid network again!"? I think those proclamations are usually silly, but I might be in that group if the following happens: CBS replacing David Letterman with Jay Leno.
That's one of the options listed in this handy Hollywood Reporter guide to what Leno will do after his stint on NBC is over in 2009. The other options are going to ABC at 11:35, going to FOX at 11:35, a syndicated show with Sony, he stays at NBC and does some other primetime show, he takes over for Larry King on CNN, or he goes back to doing standup full-time. Taking over for Letterman would happen if (and when - he could extend his contract) Letterman retires in 2010.
This would, to me, completely suck, even if Letterman did retire and wasn't really "replaced" by Leno. But I think that Letterman would be hurt by that decision if CBS were to make it. Just this week we found out that Letterman has suffered his worst ratings since he started on CBS in 1993, for the 18-49 demo anyway, getting a 0.9.
It would certainly be odd to see Leno replace Letterman at CBS, almost like it would be the final nail in the late night talk show coffin and final proof that when it's all said and done, Leno beat Letterman in the ratings and even beat him on his own network.