Conan O'Brien has finally found a home, and unfortunately, it won't be the Fox network as many had originally hoped.

Instead, O'Brien will be tasked with trying to bring late-night television programming to basic cable to join the ranks already filled by Jon Stewart and Stephen Colbert on Comedy Central with a new late-night show on TBS.

"In three months I've gone from network television to Twitter to performing live in theaters, and now I'm headed to basic cable," O'Brien said in a statement. "My plan is working perfectly."

The new show will air at 11 p.m. ET Monday through Thursday after the conclusion of Major League Baseball's World Series. His lead-out will be George Lopez's "Lopez Tonight," according to TV Guide Online, which will be bumped an hour where it was bringing in some 1.2 million viewers each night.

O'Brien ends up on TBS after leaving "The Tonight Show" earlier this year in a high-profile scuffle caused by NBC's failed experiment to move former (and now current) "Tonight Show" host Jay Leno into a primetime slot. Not wanting to cut ties with Leno, NBC toyed with the idea of putting Leno on at 11:30 with a new show and bumping "Tonight" to midnights, a move that O'Brien rejected leading to his departure from the network.

"Conan has been the comedic voice for a generation," said Steve Koonin, president of Turner Entertainment Networks, in a release. "TBS already has a huge audience of young comedy lovers, and Conan's show will give these fans even more reasons to watch our network."

The move to bring O'Brien to TBS was actually orchestrated by Lopez, who reportedly called O'Brien and invited hi to join the cable channel.

"I can't think of anything better than doing my show with Conan as my lead-in," Lopez said in a statement. "It's the beginning of a new era in late-night comedy."

O'Brien spent 16 years as the host of "Late Night with Conan O'Brien," succeeding David Letterman when he moved to CBS after a similar battle over "Tonight." He was offered "Tonight" as part of contract negotiations more than five years ago that gave "Leno" an exit plan.

As part of his separation deal with NBC -- reportedly worth $45 million -- O'Brien can't return to the airwaves until September. He's currently doing a live theater show in venues around the country.