You know, our readers are very good at pointing out our mistakes. Many of them are small: copy edits, grammar issues, etc. Some are bigger: we miss some important part of an episode we're reviewing. Hey, we're human.

But we (and by "we" I mean "me") were deservedly taken to the woodshed last fall when we made one of our biggest whoppers, reporting that NBC Entertainment president Kevin Reilly was about to be fired. Of course, not only did he not get fired, but rumors started swirling about that he was going to sign a new contract. Well, those are the rumors that actually came true, as he signed a multiyear deal to stay at the network.

Just got a tip into TV Squad HQ; there is scuttlebutt that NBC Entertainment president Kevin Reilly is going to be fired sometime later this afternoon. Apparently, Reilly's failure to create a hit for NBC during his tenure is going to cost him his job.

If you recall, Reilly programmed a number of expensive, lavishly-done pilots for this fall season, like Kidnapped, Friday Night Lights, and Studio 60, all of which are tanking in the ratings. That along with a history of tentative decision-making was his undoing. The announcement will be made this afternoon; expect to see it in the trades tomorrow.

(Update 11:49 ET: No announcement tonight, as our tipster told us would happen. We contacted NBC for a response to this rumor and they didn't confirm or deny it. Guess we'll just keep waiting.)

(Update 10/19 8:23 PM: Well, folks, looks like the rumor -- as with all the past rumors of Reilly's firing -- didn't pan out, since he spoke at a panel of network heads earlier today. Our tipster has been thrown into TVS HQ's moat. Let's hope said tipster can avoid the crocs and piranha...)