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.
Source: