Jimmy Fallon may leave “The Tonight Show” before his contract ends, as doubts about the longevity of traditional late-night formats arise. Speculations suggest that Fallon's preference would be to retire as the leader in ratings, but he could leave earlier if the network decides. The show's ratings have reportedly declined since Fallon returned to the studio post-COVID, prompting concerns among staff members. Despite NBC denying the rumors, Fallon is said to be considering his future in late-night TV amidst competition from other shows. Plans for developing and producing new shows post-"The Tonight Show" are also in the works.