TBS has signed an extension with Conan O’Brien, keeping the comedian's late-night talk show on the cable channel through 2018, reports Variety’s Brian Steinberg.
Steinberg writes: “The extension is the second the two sides have negotiated in the last two years. TBS said in 2013 that it had agreed to a new pact with the lanky, red-headed comic that would keep him on its air through November of 2015. The new agreement comes as the senior ranks at Time Warner’s Turner unit have exhibited some churn, with entertainment chief Steve Koonin departing in April to become CEO of the Atlanta Hawks.”
The three-year contract extension means some stability for one network’s late-night schedule, given NBC’s shakeup of its 11:30 p.m. and 12:30 a.m. time slots, and David Letterman’s upcoming retirement from CBS, with Stephen Colbert slated to replace him, the story points out.
The piece adds, “O’Brien’s show, ‘Conan,’ does not get the biggest numbers in late night, but TBS has indicated the show’s value comes from its ability to draw viewers between the ages of 18 and 34, as well as its popularity in digital and social-media realms.”