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Thursday, January 21, 2010
Harvard Lampoon 1, NBC -$45 million
The
end of' Tonight,'
whatever happens. Shame. End of an era.
TONIGHT, TONIGHT. Subsequent reporting could defeat me here, but in the interim, I want to congratulate Conan O'Brien, past president of the Harvard Lampoon, for having principles. (Please don't let me down, Conan.)
NEW YORK - NBC said Thursday it has
reached a $45 million deal with Conan O’Brien for his exit from the
“Tonight Show,” allowing Jay Leno to return to the late-night program
he hosted for 17 years.
Under the deal, which came less than eight months after O’Brien took the reins from Leno, O’Brien will get more than $33 million, NBC said. The rest will go to his 200-strong staff in severance.
Compensation for O’Brien’s staff and crew was the final hurdle in negotiations. O’Brien was said to have been “dug in” on the issue out of concern for the workers, while NBC said this week that it had already agreed to pay “millions of dollars to compensate every one of them” and deemed it a public relations “ploy.”
On Wednesday night’s show, speaking of a push to get a severance deal for his staff from NBC, O’Brien joked, “At first they thought I was gullible. They said the staff would be taken to a big farm, where they’d be allowed to run free forever...”
“In the end, Conan was appreciative of the steps NBC made to take care of his staff and crew, and decided to supplement the severance they were getting out of his own pocket,” his manager, Gavin Polone, told The Wall Street Journal. “Now he just wants to get back on the air as quickly as possible.”
Under the deal, which came less than eight months after O’Brien took the reins from Leno, O’Brien will get more than $33 million, NBC said. The rest will go to his 200-strong staff in severance.
Compensation for O’Brien’s staff and crew was the final hurdle in negotiations. O’Brien was said to have been “dug in” on the issue out of concern for the workers, while NBC said this week that it had already agreed to pay “millions of dollars to compensate every one of them” and deemed it a public relations “ploy.”
On Wednesday night’s show, speaking of a push to get a severance deal for his staff from NBC, O’Brien joked, “At first they thought I was gullible. They said the staff would be taken to a big farm, where they’d be allowed to run free forever...”
“In the end, Conan was appreciative of the steps NBC made to take care of his staff and crew, and decided to supplement the severance they were getting out of his own pocket,” his manager, Gavin Polone, told The Wall Street Journal. “Now he just wants to get back on the air as quickly as possible.”
What I thought he should do. I like loyalty and principle. I think Leno's shown it. And now I think Conan O'Brien has. Let's hope it's true.
