NEW YORK (

TheStreet

) -- Conan O'Brien's

Conan

premiere drew strong ratings last night, beating out its late-night competition.

The show received a 2.8 rating from Nielsen, which means

Conan

was watched by 2.8% of the U.S. households tracked by Nielsen research.

O'Brien's hour-long program airs weeknights at 11 P.M. ET on

Time Warner's

(TWX)

TBS, around the same time as his talk show contenders.

The

Tonight Show with Jay Leno

, which airs on

General Electric's

(GE) - Get Report

NBC at 11:35 P.M., was slightly behind

Conan

with a 2.7 rating, while

CBS'

(CBS) - Get Report

Late Show with David Letterman

received a 2.5 rating.

The Daily Show with Jon Stewart

, which airs at 11 P.M. on

Viacom's

(VIA) - Get Report

Comedy Central, earned a 1.5 rating.

In O'Brien's opening monologue he referenced his January exit from NBC.

"Welcome to my second annual first show," O'Brien said. "People asked why I named the show

Conan

. It's so I'd be harder to replace."

He also joked about moving from a network channel to cable. "It's not easy doing a late-night show on a channel without a lot of money and that viewers have trouble finding," he said. "So that's why I left NBC."

His first show featured actor Seth Rogen and

Glee!

actress Lea Michele as guests, Jack White as the musical guest and the new "Basic Cable Band" led by Jimmy Vivino.

In October, Jon Stewart's

The Daily Show

was ranked as the No. 1 late night entertainment talk show among the 18 to 49-year old demographic, according to Nielsen.

Stewart brought in 1.3 million viewers between the ages of 18 and 49, while

The Tonight Show with Jay Leno

and the

Late Show with David Letterman

tied with 1.2 million viewers each.

Now with

Conan

in the mix, there will likely be increased competition among the late-night programs, and many television watchers anticipate the November results.

About 83% of the 260 readers that

took our poll yesterday

said they were planning on tuning in to the debut.

Close to 8% of voters said they would watch

The Tonight Show with Jay Leno

, while the

Late Show with David Letterman

and

The Daily Show with Jon Stewart

tied with about 4% of the votes.

-- Written by Theresa McCabe in Boston.

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