William Shatner, looking bloated, red-faced, sweating, and acting as though he was either high or drunk or both, was a guest for the ages on Conan's Tonight Show tonight. God bless him.

The week she's starring in a blockbuster film release, nude photos of Megan Fox magically appear on the internet, Artie Lange is banned from the Tonight Show, Lindsay Lohan goes berserk in a club, and Paris dishes on boning Ronaldo.

• The late night battle rages on: After losing ground to Letterman, Conan bounced back last night, and had a pretty solid first week overall. [THR, NYT]
• Boston-based Intercontinental Real Estate Corp. confirms that it has been talks with the New York Times Co. to purchase the Boston Globe. [BH]
• Stephen Colbert's decision to broadcast from Iraq worked out nicely: Ratings for the Comedy Central show have been up 25 percent this week. [NYT]
• Joy Behar is launching a new talk show on HLN. The best part about it: She'll be bumping blowhard Lou Dobbs from his 9pm slot on the network. [NYT]
• TV, print and online ad spending fell 14 percent in the first quarter. [WSJ]
• Hope you're a Marley & Me fan. HarperCollins is cemented a deal to publish 13 children's books about the world's most famous Labrador. Yes, 13. [PW]

David Letterman, who has been quietly doing his second-place late night joker show over on CBS like forever, is all of a sudden beating the Tonight Show in the ratings. Calling Sarah Palin a slut really pays off!

• The Boston Newspaper Guild, the Boston Globe's largest union, narrowly rejected a package of pay concessions and benefit cuts last night. [NYT]
• David Letterman is close to signing a new, 3-year contract with CBS. [THR]
• Conan O'Brien has beat Letterman in the ratings every night since his show debuted last week. But that may very well change pretty soon. [Vulture]
• Rachael Ray's talk show has been renewed for two more seasons. Alas. [THR]
• Glenn O'Brien is out as Interview's editorial director. [Daily Intel, FWD]

• Heidi Klum can now add "magazine editor" to her resume. She assembled a 140-page spread for German Vogue called "Heidi by Vogue." [NYDN]
• Stephen Colbert will be broadcasting from Baghdad next week. [AP]
• Silvio Berlusconi is vowing to sue the Spanish newspaper El Pais for publishing pics of topless women and a naked man at his vacation home. [AFP]
• Were you aware Conan O'Brien debuted this week? Hard to miss, huh? [NYT]
• Bonnier Corp. paid $3-5 million to purchase five magazines from Hachette, including Popular Photography, Flying, and American Photo. [NYP]

• Stephen Colbert will be Newsweek's guest editor next week. [NYO]
• Conan O'Brien's second Tonight Show dropped 30 percent from Monday's record-setting premiere, although that was probably to be expected. [THR]
• For the third straight month, MSNBC bested CNN in the cable news ratings. Fox News remained in first place, as usual. [Daily Finance]
• More bad news for CNN: Campbell Brown returned from maternity leave this week and immediately returned to fourth-place in the ratings. [THR]
• A new Harvard Business Review study reveals that 10 percent of Twitter users account for more than 90 percent of Twitter messages sent. [AdAge]
• Jon & Kate Plus 8 is still generating obscene ratings, sadly. [AP]

The creative success of Conan O'Brien's big Tonight Show debut is still being debated, but in the black/white world of Ratings Land, he appears to have pulled it off. Conan's first show gave the late night program its highest Monday numbers in four years.

• Conan O'Brien's Tonight Show debuted last night. The reviews were mixed, although he did very well in the ratings, not surprisingly. [Variety, THR]
• Playboy Enterprises named Scott Flanders as its CEO yesterday. [NYP]
• Lawyers for author J.D. Salinger have filed suit against an author who is publishing a book billed as a sequel to The Catcher in the Rye. [NYT]
• Five magazines—Popular Photography, Flying, Boating, Sound & Vision and American Photo—have been sold to Bonnier Corp. by Hachette. [Crain's]
• Paris Hilton and producer Michael Hirschorn have teamed up to bring a version of Paris Hilton's My New BFF to Dubai. Yes, Dubai. No joke. [Variety]

• Lindsay Lohan is stirring up a bit of trouble in Paris. Apparently she's been in discussions with Emanuel Ungaro about signing on as a "creative consultant," although Ungaro's Esteban Cortazar is threatening to walk if that happens. [P6]
• An "insider" says a "fragile" Britney Spears doesn't really want to be on tour, but her dad has been forcing her into it. [MSNBC]
• Christie Brinkley says she has no plans to get married again and doesn't really know why anyone would bother getting married, but does still believe in "true love," if that's any consolation. [Us]
• Amy Winehouse's "last-ditch" plan to sober up isn't going so well. Instead of six shots of tequila for breakfast, she now settles for two. [DM]

Well, we've decided to liveblog Conan's debut as host of the Tonight Show. Why don't you join us and share your thoughts about the show in the comments?!

Are you excited about Conan's Tonight Show debut tonight? We are! We've got big bowl of tortilla chips already out and we're about to whip up some homemade queso dip! Jealous? Regardless, here's something to whet your appetite—-a few of Conan's opening jokes have been sent to us!

• Conan O'Brien makes his debut this evening as Tonight Show host. [BN, EW]
• Bravo is ditching its tagline "Watch what happens" and replacing it with "By Bravo." We'll just have to watch and see what happens with that. [AdAge]
• More on the recent ratings meltdown at CNN. [Politico]
• The Times Magazine will be 9 percent smaller starting in two weeks. [E&P]
• DirectTV chief Chase Carey is in talks to join News Corp. as Rupert Murdoch's second-in command, taking over for Peter Chernin. [THR, BN]
• Disney's animated pic Up was No. 1 at the box office this weekend. [THR]
• New York's cover story on Condé Nast, in case you missed it. [NYM]

Conan O'Brien is set to debut as the new host of the Tonight Show this evening, which is exciting. Though we do worry that because he's now on an hour earlier, our favorite kinds of Late Night bits might be deemed too weird or risky. Favorites likes these hallowed treasures:

Tonight Conan O'Brien takes over the reins of the Tonight Show and he'll probably score huge ratings because it's his first show and everyone will be curious to see what the new show looks like. But who are you going to watch at 11:35 after all the hoopla dies down?

The final episode of The Tonight Show with Jay Leno aired last night on NBC. Leno's returning to NBC, so it wasn't so emotional, but not on this stage, which is why to some people - maybe - this might've been important.

Tonight will conclude Jay Leno's seventeen year run as host of The Tonight Show. During his hosting era he has dominated the ratings for his time slot. So you'd think there'd be an outpouring of affection for him in these final days, but there doesn't seem to be any. Why?

The New York Times has a massive piece in this week's Sunday Magazine by Lynn Hirschberg on Conan O'Brien and the changes taking place at NBC as O'Brien prepares to take over as host of the Tonight Show on June 1, while Leno moves into the nightly 10pm slot.

Damon Dash pushing a stroller in Tribeca with a friend ... Naomi Watts carrying her son on her shoulders in Soho ... Jimmy Kimmel leaving the Trump International on Central Park West ... Hugh Jackman picking up after his dog in the West Village ... Ryan Gosling shooting scenes for his new movie in Brooklyn ... Pete Wentz pushing son Bronx around Midtown in a stroller ... Jamie Kennedy and Jennifer Love Hewitt taking pictures of themselves while walking in Soho ... Conan O'Brien chasing a taxi down Park Avenue for an NBC skit ... Michelle Williams carrying daughter Matilda in Brooklyn ... and Rihanna bowling at Lucky Strike.

• How are things going at the Cannes Film Festival? It depends on who you talk to. The Journal says it's been "conspicuously less frenzied" and business has been "slow." The Hollywood Reporter says it's beating expectations and "doomsayers" have been "proven wrong." Take your pick. [WSJ, THR]
• NBC is dropping Medium and My Name Is Earl for the fall, but bringing back Chuck. It's also renewed Law & Order for a 20th season. [NYT, AP, NYT]
• What can you expect on ABC this fall? More Dancing With the Stars. [THR]
• CBS is ditching Without A Trace, but has renewed Numb3rs. [EW]
• Time Warner Cable is dropping HDNet and HDNet Movies as May 31. [MC]