Looks like the issue has been resolved: Jay goes
back to 11:35 and Conan leaves NBC. One question
yet to be resolved is how much Conan will get when
NBC buys out his contract. The whole situation has
made Jeff Zucker really look bad; he championed Leno
at 10, and now he has to spent millions on the replacement
shows, not to mention the fact that practically every
late-night show has found humor in this whole situation.
Jay, of course, is going to have to rebuild his audience.
In my local paper this morning, it also said that the reputations
of both Jay and Conan have been diminished. Maybe, but I
remember when Merv Griffin went from syndication to CBS,
flopped against Johnny Carson, then went back into syndication
with what turned out to be his most successful show. I can't
say his reputation was diminished. Then again, Merv wasn't
the subject of Carson's or Dick Cavett's monologues, AFAIK.
Jay is also working with a hugely-diminished audience for NBC
primetime.
I can't help but wonder if "The Tonight Show" is another product
of the '50s that's about to go the way of "Guiding Light" and "As
The World Turns."