Jan 21, 2010

Coco to Gogo

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 whole months after O'Brien took the desk from Leno.

It's awesome that he stuck up for his crew. But the big payday is a paltry amount when you consider he was probably going to be worth a couple billion. Letterman earns $ 31 million - per year. Don't know if that includes his crew. Seems unlikely. They apparently need to sleep with Dave to see some of that cash.

So they're only paying Conan a tiny sum to walk away. If you consider that Conan could have probably averaged about 10 years on the Tonight Show (assuming a lot of factors, but we're just talking here) Conan would have been worth 310 million in a decade, and that's assuming he would have earned as much as Letterman in 2007 dollars.

Conan got hosed. Twice now.

2 comments:

Clare said...

Welcome to puma shoes men Store. You will find the latest fashion in our showroom, we guarantee the high quality Puma Shoes Men. Fast shipping and low price. Please don't hesitate to contact us.

Geof said...

Here's to hoping CoCo gets back on the air in Sept. That was a great farewell speech he gave last night.