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Jay Leno Nears Deal for New CNBC Show

October 8, 2014 12:47 PM EDT

Former The Tonight Show host Jay Leno is close to signing a deal with CNBC to host a new show that will focus on Leno's longtime love of cars, according to reports from the Hollywood Reporter.

The new show will be scheduled for prime-time viewing not late night.

Best known for its coverage of the financial markets, CNBC has suffered low ratings during its daytime programming and is looking to broaden its viewership.

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