NBC: O'Brien Reaches `Tonight' Exit Deal

By: AP
By: AP

NBC says it has reached a deal with "Tonight" host Conan O'Brien for his exit from the show, allowing Jay Leno to return to the late-night program he hosted for 17 years. The deal is worth a reported $44 million.

Network spokeswoman Allison Gollust confirmed the deal early Thursday but did not offer any other details. Earlier, The Wall Street Journal reported that O'Brien will get $32 million and that the network agreed to pay his staff $12 million in severance.

The announcement comes seven months after O'Brien took the reins from Leno.

Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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