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January 16th, 2010 | By Rick From Chicago | 221 views
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Just seven months after inheriting the “Tonight Show,” Conan O’Brien — faced with a timeslot demotion — is close to finalizing his exit from NBC.
O’Brien’s short tenure as host of the storied late-night franchise is expected to conclude next Friday. That means Jay Leno will regain the reins of “The Tonight Show,” moving back to the 11:35 p.m. timeslot effective March 1 — the night after the Winter Olympics concludes.
O’Brien’s exit from NBC was being hammered out Friday, after days of negotiations and plenty of press speculation.
Details of the agreement — expected to be signed over the weekend — were not immediately disclosed. But it’s believed that as part of the settlement, O’Brien will be paid a sum worth more than eight figures — as much as between $30 million and $40 million.
(more…)
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