Via CNN... so I guess that means it's not a joke.

And the winner of the Conan O'Brien sweepstakes is ... TBS.

According to a press release sent out by the cable network (which, like CNN, is a unit of Time Warner), the comedian is joining TBS to host a late-night show that is expected to debut in November. O'Brien's show will be followed on TBS' schedule by George Lopez's "Lopez Tonight," which will move to midnight.

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

Coco's latest Tweet:

Ummm... soooo... okay. I guess I should be glad it's not Fox?

UPDATE: Did Fox affiliates queer the deal?

UPDATE AGAIN: Apparently the entire deal with TBS went down in 72 hours. Check out the frenetic behind-the-scenes action here.