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Conan O'Brien Reaches Deal To Leave NBC

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Conan O'Brien Reaches Deal To Leave NBC

Business

Conan O'Brien Reaches Deal To Leave NBC

Conan O'Brien Reaches Deal To Leave NBC

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  • <iframe src="https://www.npr.org/player/embed/122802452/122799553" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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NBC says it has reached an exit agreement with Tonight show host Conan O'Brien. The deal would let Jay Leno return to the late-night program he hosted for 17 years.

RENEE MONTAGNE, host:

Our last word in business today is so long. NBC, this morning, made it official. It announced that after a seven-month stint hosting "The Tonight Show," Conan O'Brien will leave. That opens up the host chair for Jay Leno, whose primetime show was judged a flop. The Wall Street Journal reports the move will cost NBC quite a bit: 32 million in severance for Conan O'Brien and $12 million for his staff. The long and very public drama has made NBC the butt of late-night jokes. Though O'Brien, at least, won't be cracking wise about the network. His agreement with NBC includes a non-disparagement clause.

And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne.

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