The talk format, presented by Tim Lovejoy, Louise Redknapp and Simon Rimmer, was cancelled last week following a run of almost six years on BBC Two.
ITV bosses are now said to be holding talks with the show's production company Princess about bringing across the team for a repackaged version.
"We're always looking at things that might work creatively," an ITV source told The Guardian. "But it would not be called Something for the Weekend."
A spokesperson for Princess said last week that the company was told Something for the Weekend had been dropped by the BBC as a result of "the proposed cuts to budgets and in original daytime commissioning".
The BBC is currently implementing efficiency savings across the corporation as part of its 'Delivering Quality First' initiative.
The final episode of Something for the Weekend will air on BBC Two in March.