The Daily Beast: NBC Gives Conan a Payout, Strikes His Non-Compete
NBC will not, as has been speculated, keep Conan O'Brien off the air until 2013, says The Daily Beast's Kim Masters, who reports "Conan's Exit Confirmed." (Albeit by an anonymous source.) O'Brien will take a payout, Masters says, and the network will strike his non-compete clause, which means he'll be able to rant about them indefinitely on other networks. However, "should Fox go forward with a late-night show with O'Brien now, it will take months before he would be ready to go on the air." [TDB]