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When a network terminates a long-lasting relationship with one of its stars and then prohibits him/her from appearing on television for a set period of time.

This entertainment industry term comes from the 2010 Tonight Show conflict when NBC decided to give The Tonight Show back to Jay Leno, while previous host Conan O'Brien was given a contract prohibiting him from make any appearance on television until May 2010 and prohibiting him from returning to television as a host until September 2010.
MSNBC ended its contract with Keith Olbermann, and they're giving him The Conan for at least six months.
The Conan by The Cone-Files January 26, 2011
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When your job with a television company is broken off and a provision contract states that you can't be on the air for the next 6 months

Props to Conan and TBS for this joke!
You better shut up or you're getting the CONAN! - TBS
The Conan by Joshua Ek February 24, 2011

The Conan O'Brien 

When a guy fucks a really, really hot blonde (8+ or it doesn't count) while she is on her period and after he finishes the guy takes the junk off his cock and rubs it in her hair. Possibly followed by the string dance.
Tommy: I totally gave Sally The Conan O'Brien last night!

Randy: No you didn't Sally is a 7.

conan the republican 

Governor of Caleefohnia. see governator.
conan the republican by matt October 23, 2004

conan the destroyer 

The most kick ass man in all of history. Known for getting the girls and killing the bad guys. A precedent for James Bond, but instead of using a gun, he uses a sword.
conan the destroyer by Seabass January 20, 2005

Conan the Barbarian 

A sexual role playing scenerio in which you play Conan the barbian and your partner plays America, and in quick fashion you "conquer" her.
1) Conan the Barbarian is my favourite game to play.

conan the niggabarian 

A black male who recently arrived from africa and is still ingrained with the hunting and gathering skills of his ancestors.
damn, he conan the niggabarian.
conan the niggabarian by carl December 6, 2003