Everyone’s favorite Redhead Conan O’Brien has decided to move from network to cable television bringing his show to TBS. He will be paid 10 million, a cut from his time at NBC however hes looking forward to the freedom being on cable will afford him. Once the announcement was made, Conan quickly took to his twitter account announcing:

The good news: I will be doing a show on TBS starting in November! The bad news: I’ll be playing Rudy on the all new Cosby Show.

The show which is as yet untitled will air at 11 o’clock replacing George Lopez in the coveted late night time slot. Some are saying that George is taking a hit moving his show back to midnight, however with Conan preceding him there is hopes for a huge jump in ratings. Talks stalled for awhile, but when Lopez called O’Brien personally to talk him into it he agreed. The idea was pitched that both hosts appeal to a younger generation while Leno and David were older and did better with that generation.

Many people had expected the Fox network to pick up Conan’s show in November but the network soon realized they would not be able to give him the airtime that made sense. TBC is available in 100 other nations 114 million homes with television so will have just about as much reach as he did before. The only question is how he will fair being set against late night cable titans like John Stewart and the Steven Colbert on Comedy Central which have dominated late night in the cable arena for the last 5 years.