Entertainment – O’Brien reaches Tonight exit deal

NBC says it has reached a deal with Tonight host Conan O’Brien for his exit from the show, allowing Jay Leno to return to the late-night talk show he hosted for 17 years.

NBC made the announcement early on Thursday that O’Brien will conclude his Tonight show run, seven months after O’Brien took the reins from Leno.

O’Brien landed the Tonight show after successfully hosting Late Night, which airs an hour later, since 1993. But he quickly stumbled in the ratings race against his CBS rival, David Letterman