Jenny McCarthy and Oprah Winfrey will not be working together afterall. The 38-year-old former Playboy model has decided to take her talk show to NBC ... pulling it from the OWN network, according to FOX411.com.

A source tells the site:

    "Jenny wasn't thrilled with the direction that OWN producers were going with on the show. She had been working with Oprah and her producers for over a year, developing this project for OWN. Jenny finally decided to embrace Oprah's philosophy, which is to 'follow your bliss.' Well, Jenny followed her bliss and walked right off the project."

The OWN network had signed a development deal with McCarthy back in 2009.

Read what Oprah had to say about the downfalls of running a network ... after the jump.