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Conan O'Brien Strikes Departure Deal with NBC

1/16/2010 2:45 AM PST BY TMZ STAFF

Conan O'Brien and NBC have reached a settlement in principle and the big announcement is expected Saturday, sources tell TMZ.



We're told NBC has already given Conan's lawyers a draft of the agreement and his hired guns were going over it Friday night. The deal should be finalized Saturday.

Once the deal gets inked, NBC will announce Conan is leaving the network. The network will also announce what we first reported -- that Jay Leno will get the full hour from 11:35 PM to 12:35 AM and it will be called "The Tonight Show" -- just like old times.

Stay tuned

239 COMMENTS

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16.

kittencommander    

If you think Leno's innocent, check out the pattern of treachery, laid bare here:

http://www.therestrainingorder.com/?p=2250

First he says he's retiring, then he says he never wanted to leave.

1739 days ago
17.

punkin5    

this is just wrong....i'm going to the rally at universal on monday.....i hate what they are doing to conan...it's just not right...

1739 days ago
18.

billyhohoho613    

Conan u so funny for a tall skinny red head

1739 days ago
19.

krazy ma    

now thats f$%k up but i got a good idea for Conan how u take your show to fox where TMZ on at you just saying

1739 days ago
20.

Craig    

Good job Zucker and Gaspin what else can you secure up. Well done.

1739 days ago
21.

JB    

NBC sucks, Conan had me watching it again. Ah well....back to Comedy Central, Cartoon Network and TVLAND for me!!! Leno's an arse, he had his fun he should have let Conan keep his job! Blah to him I say, BLAHHHH!!!!!!!!

1739 days ago
22.

Ben!    

I'm more interested in the specifics of the deal. Does his staff/ANDY/band get any sort of package? Does he get rights to anything he created on NBC or does he have to slightly alter bits like Letterman had to? How long will the non-compete be for? ZERO? A MONTH? SIX MONTHS? A YEAR?

Can't wait to move on with this!

1739 days ago
23.

r0cketman22    

Fallon would be a better Tonight Show host than everyone.

He was made for it. Conan is better as a Late Night guy.

1739 days ago
24.

conebone69    

I liked that "Mr. Class" Jay Leno finally took a shot at Letterman tonight!

Oh..did I forget to mention that Letterman doesn't tape shows on Friday?

What a putz..

Anyway, good for Conan!

Let Leno continue to play the "victim" card all he wants.

Considering his viewers are captivated by real people saying the dumbest things to get on television, they'll believe anything.

But I wonder if we're going to see a "Weekend at Bernie's 3"...Leno isn't giving up the Tonight Show until he croaks and when he does, NBC is still contractually obligated to prop up his coarse and kiss his ass.

1739 days ago
25.

DOODAD    

good riddance of the self-centered conehead

1739 days ago
26.

RL    

So bummed to see Conan go. He gave NBC 16 years of his career on the Late Show and was nominated for many awards. NBC's loss! Really enjoyed his show...always guaranteed laughs! He's a really talented guy and will get passed this. He's got a world of fans! Looking forward to his next move!

1739 days ago
27.

TV Gord    

Aaaaaand the terrorists have won.

1739 days ago
28.

nof    

This past week TMZ ran a clip/piece of Jay showing up at an event or club and with the great L.A. comic Jimmy Brogan. Both are my hero's - and if you want to disparage Leno - or any other comic - man up and do it in a club.

Oh and good luck on that one.

Nof

1739 days ago
29.

Maxxjs999    

IM WITH COCO! ! ! ! ! ! !

http://www.facebook.com/imwithcoco

1739 days ago
30.

Chris    

I hope NBC goes down in flames.

1739 days ago
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