Conan/Leno madness: the settlement aftermath

NBC announced today that lawyers for the network and Conan O'Brien had finalized a settlement. Key components of the deal:

• Worth $46-47 million, with $33 million going to O'Brien and the rest to his staff
• O'Brien leaves the network and won't be able to host a TV show elsewhere until September 1
• NBC retains the rights to characters that O'Brien created  
• Includes a non-disparagement clause, both for O'Brien and NBC. 

A roundup of interesting reaction and fallout from the news:

• What does the Conan-Leno-NBC debacle mean for entertainment law? [Above the Law includes our quick take on the issue]
• Fox is treading carefully, asking its affiliates to run the numbers on bringing O'Brien onboard. So far, they're somewhere between lukewarm and intrigued. [Broadcasting & Cable] 
• Conan's show will be in reruns until Leno takes over [TMZ]   
• "Jay Leno Show" already declared biggest bomb ever in TV [Entertainment Weekly] 
• Column: Why Leno leaving prime time hurts all broadcast TV [Advertising Age]
• Column: How NBC gave Conan his groove back [Time]
• Column: NBC shouldn't pay Conan a penny [Marketwatch] 
• Poll: What should Conan do next? [People] 

Finally, our favorite clip from last night's show. Conan riles NBC by making it pay the exhorbitant amount of money it takes to license the rights to Rolling Stones' "Satisfaction":