By Adam B. Vary
Updated November 15, 2010 at 12:00 PM EST

BREAKING NEWS: According to Los Angeles NBC anchor Robert Kovacik’s Twitter feed, this afternoon a bright orange blimp with the word “CONAN” in big, bold letters written across it could be seen hovering over the NBC studios in Burbank, Calif., right before Jay Leno began taping The Tonight Show with Jay Leno. Kovacik even took a photo of the foreboding sight. At press time, it was not entirely clear who or what this “CONAN” is, or why he/she/it would be hounding poor Leno so. Perhaps the strange lowercase “tbs” that appeared to be rising out of a bowl holds the answer. You tell me, PopWatchers. What does this mean?

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