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04-12-2010, 03:51 PM
Reality Check
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Conan going to a venue where he can be himself.

Two thumbs up.

The thing about FOX is that they're just find making money off syndicated shows and the late-night talk show is no longer a ratings machine.

In addition, it still leaves the door open for Conan to succeed Letterman as Craig Ferguson has supposedly declined taking that spot. Now, he could pull a Leno, but for now that's his view.

O'Brien and Fox had been engaged in serious discussions about launching a late-night show for months, with most indications pointing to a deal eventually getting done. But Fox had always indicated that an agreement came with serious limitations: Less money, no guarantee of wide affiliate clearances and little chance for O'Brien to own his own show.

And while Fox Entertainment executives made no secret of their desire to get O'Brien, other parts of News Corp. seemed agnostic at best -- consistently stressing that an agreement would have to make sense financially.

The comedy-focused TBS, by contrast, made it clear that it really, really wanted O'Brien -- and was willing to step up with a monster deal to land him. His new pact with the network will allow O'Brien to own his own show, a la David Letterman, while also giving him an eight-figure compensation package described as "

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