Channel Surfing: Conan O'Brien Officially Closes Deal, NBC Bumps Up Episodic Orders, J. August Richards and Sarah Paulson to "Grey's," and More
Welcome to your Thursday morning television briefing. And it's over... Conan O'Brien and NBC have reached a deal that is said to be worth roughly $44 million and which will enable O'Brien to leave NBC and Jay Leno to take over hosting duties on the 11:35 pm Tonight Show . Citing a Wall Street Journal report, The Hollywood Reporter is reporting that O'Brien will receive $32 million from NBC and his staff will receive $12 million in severance from the network. O'Brien's final Tonight Show telecast will air tomorrow night. Under the terms of his deal, NBC will retain ownership of characters O'Brien and staffers created while at the network while O'Brien will be able to return to television in September, likely to launch a new latenight franchise at a rival network. Let the speculation about just where he'll end up (cough, FOX, cough) begin... now. ( The Hollywood Reporter , The Wrap's TVMoJoe , The Hollywood Reporter 's The Live Feed ) With t