tonight show

Conan O'Brien Heads to TBS for Late-Night Show

TBS, the cable network owned by Time Warner, announced Monday that it will create a new late-night show for Conan O'Brien, who left The Tonight Show in January after NBC told him it was giving the 11:30 p.m. time slot back to Jay Leno.

Conan and NBC Settle, Clearing the Way for Jay 3.0

Our long national nightmare is over: Conan O'Brien and NBC are parting ways in peace, if not amity. In a deal first reported in The Wall Street Journal and expected to be announced officially later today, the network will pay the Tonight Show host $32 million to walk away from his show, stay off television for an unknown duration and avoid saying anything disparaging in public about NBC or its executives.

GE Pays $40M to Bail Out Jeff Zucker

NBC Universal chairman Jeff Zucker is spending $40 million of General Electric's money to get rid of Conan O'Brien. NBC was contractually bound to give O'Brien $40 million if it canceled the show -- but it also buys Zucker a non-disparagement clause from the late-night comic.