Jay Leno Show

We've learned Jay's 10:00 PM show will go on hiatus February 1. After the Olympics, Jay will take back his 11:30 PM time slot. What has not been decided -- whether Jay's show will be a half hour, followed by Conan, or whether Jay's show will be an hour and NBC says sayonara to Mr. O'Brien.

We're told Jay and Conan have both been told of the changes. As for Jay, interestingly, he'll get what he always wanted -- his 11:30 PM time slot.

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 seven 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, the network said in an announcement on the TODAY show.

LTRT wrote:O’Brien seals $45 million deal to quit ‘Tonight’
Host walks away with $33 million payoff, staff splits $12 million
http://www.msnbc.msn.com/id/34970662/ns/entertainment-television/

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 seven 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, the network said in an announcement on the TODAY show.

Who cares right? I just think the $$ is astonishing, these people toss millions around like we throw 20's in the gas tank. Meanwhile today, they announce a continue rise in jobless claims.