The American Idol host met with NBC executives including the show's executive producer Jim Bell earlier this week, the Wall Street Journal claims.
Seacrest - who is also an experienced radio broadcaster and television producer - is reportedly being tapped to succeed Matt Lauer in the event that Today's current anchor does not renew his contract next year.
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The publication claims that the talks - which took place on Tuesday evening (December 7) - are only in preliminary stages. However, Seacrest is apparently one of the network's top choices if Lauer decides to leave the show.
Seacrest's own contract with NBCUniversal is also believed to run out next year.
Ann Curry replaced Meredith Vieira as Lauer's co-anchor on Today this summer. Vieira stepped down from the programme in order to spend more time with her family.
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