NBC ends late night wars: Conan is out, Leno is back - Reuters

LOS ANGELES, Jan 21 (Reuters) - Conan O'Brien will end hisshort-lived stint as host of "The Tonight Show" on Friday aftersigning a $45 million exit deal with NBC that ends two weeks ofembarrassing on-air bickering and allows Jay Leno to return tothe flagship late-night comedy program.

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After more than a week of negotiations, General ElectricCo's ( GE.N ) NBC said it had agreed to release O'Brien from hiscontract after seven months, and that he would be free to takea new job elsewhere after Sept. 1. "I'd like to apologize to the guests that were scheduledfor next week: President Barack Obama, the Pope, the Queen ofEngland, and our good friend, Elvis Presley," O'Brien jokedduring his show on Thursday.

Full Story: NBC ends late night wars: Conan is out, Leno is back - Reuters