If I were Conan, I'd create my own company ala Oprah and sell the show in first run syndication, with the stipulation that the program must be shown at 10:35 CT. I think this tack also would have worked for Leno if he would have found himself in that boat. I agree with Al when he says that FOX doesn't seem to be a great option. One attraction of being a FOX affiliate is that stations have much more control over their programming than those affiliated with NBC, ABC, and CBS, and I think we'd find that many wouldn't want to give up another hour to the network. I'm not sure that FOX affiliates would have the choice to delay the show, though. It seems that I read somewhere that it's in their contracts to carry a FOX late night show at its prescribed time if one ever starts up. I could see something like that causing some affiliates to drop FOX in favor of another network or going independent. I can't blame either Conan or Jay for this mess. I place all the blame on NBC. Handing over the Tonight Show to Conan five years before the fact was dumb. Not recognizing the impact of the new Leno show on local news before the fact was dumb. And the idea of moving the Tonight Show back a half an hour was dumb. As someone said above, all this involves having one's cake and eating it, too. It's impossible to accomplish. The idea of moving the Tonight Show back a half hour might be the worst idea of the bunch, and I'm glad Conan was smart enough to prevent that. For fifty-five years, the Tonight Show has been on after local news (first at 10:15 CT, then 10:30 starting in the 1960s, then 10:35 starting in the 1980s). As a matter of fact, NBC has insisted on the importance of the Tonight Show being on after local news in the past. When Channel 4 wanted to delay it for half an hour back in the 1980s (to show syndicated reruns), NBC said no. Channel 4 dropped the Tonight Show from 1984-88, and it was shown on Channel 18.