Conan: Nope to 12:05. Money paragraph:

So it has come to this: I cannot express in words how much I enjoy
hosting this program and what an enormous personal disappointment it
is for me to consider losing it. My staff and I have worked
unbelievably hard and we are very proud of our contribution to the
legacy of The Tonight Show. But I cannot participate in what I
honestly believe is its destruction. Some people will make the
argument that with DVRs and the Internet a time slot doesn’t matter.
But with the Tonight Show, I believe nothing could matter more.

NY Times: http://sn.im/u265q
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