The former NBC Universal chief has been reportedly considered to replace CNN president Jim Walton, who will resign from his post at the end of the year.
Multiple outlets have also reported that Zucker is on the short list to run Tribune Co. as it reemerges from bankruptcy protection.
Zucker had a controversial tenure at NBC. As executive producer of "Today," Zucker was responsible for growing the NBC show into the number one program in morning television. "Today" remained the leader of the morning shows till earlier this year when "Good Morning America" broke the 16-year ratings winning streak.
As the head of NBC Universal, Zucker made headlines during the messy "Tonight Show" shake-up regarding Conan O'Brien and Jay Leno.