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That is terrible.Originally Posted by eeibaby
Can they really do that?Originally Posted by AgentArenas
Originally Posted by RickFoxJr
Conan O'Brien is losing "The Tonight Show" but he'll be getting a $32.5 million consolation prize courtesy of NBC ..
In return, we've learned Conan has agreed to sit on the bench until September. Translation -- he can't host another show until the fall.
In addition to the $32.5 mil, we've learned NBC is also paying severance to Conan's "Tonight Show" employees. In all, we're told NBC's payout is around $40 million.
But Conan probably won't see close to the $32.5 mil. Under the deal, any money Conan makes during the remaining contract period with NBC will offset the network's obligation. So, if Fox were to make a deal with Conan and pay him $25 mil during the NBC contract period, Conan would only score $7.5 mil from NBC.
One well-placed NBC source told us something surprising -- looks like NBC may keep its intellectual property rights. So Conan can't take his creations -- such as Triumph the Insult Comic Dog and the Masturbating Bear -- to his next gig.
That would suck. Sure hed have the freedom to make other stuff but still, that sucks.