Conan's 1st TBS Ad -- The Last Second Scramble

4/13/2010 5:35 AM PDT

Conan's 1st TBS Ad -- The Last Second Scramble

Conan O'Brien's first commercial for his new TBS talk show was literally thrown together overnight -- just hours before it premiered yesterday, TMZ has learned.

The spot features the infamous "I'm With Coco" artwork proudly adopted by O'Brien fans when he got booted from NBC  -- but according to the artist, Mike Mitchell,  nobody called to ask him for permission to use the image until 9 PM Sunday night.

Mitchell says he was given less than an hour to make up his mind, but he ultimately agreed. No word on how much green he made on the deal.

As for what he thinks of Conan's new gig, Mitchell tells us, “I think it’s great he’s going to be on TV again ... but I don’t have cable.”