‘Magnum P.I.’ May Be Rescued By NBC & USA Network Following CBS Cancellation
03.06.2022 - 01:59
/ deadline.com
EXCLUSIVE: Magnum P.I. is looking to join an elite group of popular broadcast series who have overcome shocking cancellations to continue their runs. Noone is commenting but I hear talks are underway for NBC and/or USA Network to potentially carry the series, starring Jay Hernandez. An arrangement is still being figured out but I hear one scenario is for new episodes to air on NBC while USA would run previous seasons of the action drama, a reboot of the 1980s series, which starred Tom Selleck.
Immediately following CBS’ surprise May 12 cancellation of Magnum P.I. after four seasons, Universal Television, which co-produces the series with CBS Studios, sprung into action and started exploring potential new homes for the show, I hear.
Basic cable network USA quickly emerged as a contender, with NBC entering the conversation soon thereafter. Paramount+ also had been mentioned as a possibility but the focus has recently been on the two NBCUniversal linear networks as a viable option.
A pickup of Magnum P.I. by a new network would be contingent on a deal being made with CBS Studios. I hear negotiations between NBCU and the Paramount Global studio have not started yet.
As co-producing entities, Universal TV and CBS Studios have split rights, with Universal TV handling international and CBS spearheading domestic off-network sales. Interestingly, four years into its run, Magnum P.I. has not been taken out yet to domestic cable or SVOD buyers, and I hear there is no price tag on the show library yet, something that will need to be sorted out. It is not clear yet whether Paramount+ may be interested in the SVOD library rights or would Peacock emerge as the strongest possibility, keeping the series within the NBCU family across linear
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