No, that was something earlier when he quit NBC when Jay Leno wanted a show again and Conan didn’t want them to change the time of the show from what Carson had. He did a live show. I can’t remember what it was called, but it was something like “banned from TV”. He was mostly looking for a way to keep taking care of his employees: as he always did, including out of his own pocket during the last, previous writer’s strike.