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BREAKING RUMOR: NBC Entertainment head Kevin Reilly to be fired

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Kevin ReillyJust 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...)

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