NBC and Conan O’Brien have reached a resolution of the issues surrounding O’Brien’s contract to host The Tonight Show with Conan O’Brien.
Under terms of an agreement that was signed earlier today, NBC and O’Brien will settle their contractual obligations and the network will release O’Brien from his contract, freeing him to pursue other opportunities after September 1, 2010.
O’Brien will make his final appearance as host of The Tonight Show on January 22.
NBC also confirmed that Jay Leno will return to host The Tonight Show on March 1 and Jimmy Fallon will stay in his 12:35 a.m. timeslot. Because no one cared about Jimmy Fallon.
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