Keith Olbermann No Longer Speaking To Maddow; Source Claims Making $10 Million At Current

Mediaite ^ | June 7, 2011 | Mark Joyella

[2ndDivisionVet]

Ex MSNBC host Keith Olbermann has given a revealing interview to The Hollywood Reporter, which includes the amazing tidbit that Olbermann’s new job in the cable wilderness of Current TV will pay him ten million dollars a year (with the possibility of banking $100 million over the course of his five year contract)–a staggering figure that dwarfs his MSNBC salary (and THR reports that “Current TV disputes the figure but adds it does not “disclose confidential, contractual details”).

Olbermann, who discussed his new show and his departure from MSNBC, said he went on the air January 21 without knowing it was his last show. A team including Olbermann’s agents, his manager, MSNBC president Phil Griffin, and an NBC lawyer were negotiating in the building as the show went on, reaching a decision to part ways about thirty minutes into the show. Olbermann says since his exit, he has not spoken to MSNBC star Rachel Maddow:

“There were lots of people who were forced to choose sides. And particularly in Rachel’s case, I didn’t want to add to the pressure on her already. The last thing I need to do is be calling her up and saying, ‘How’s that Michael Steele working out for you?’ [He signed to NBC as a political analyst on May 23.] Which is exactly what I would do if I were in the office.”

In the story, which can be read in its entirety here, Olbermann also confirms he has hired David Shuster as his primary substitute anchor for the Current show.

[capydick]

Gore and some other communist bigwigs will pull together $20 million or so for an ad campaign (which will air on CNN and MSNBC),

Actually - I saw a commercial on Fox News Channel this morning and thought it interesting that they are hyping his show on a network that he has demagogued over the years. Tacit acknowledgment that they need to place their ads where the most viewers are?

[JPG]

Not to worry, Gore has made mega-millions with his AGW scam. He's got tons of mullah to shower on Keef and other assorted liberal scams.

[Stepan12]

Stern used to be ALL over the MSM every day..he took his show to Sirius, and nobody talks about him anymore. Same for Imus....he always generated a buzz..was a must watch/listen..now, on FOX Business..with minimal viewers..he's a sideshow..an afterthought..

And Stern has more talent than Olbermann ever had.

[sodpoodle]

Is that TV Channel misspelled???????????

Shouldn’t it be CURRANT??

There are two distinct fruits which are called currants: (1) the dried zante grape; like a raisin and (2) a fresh tiny berry ...

http://www.food.com/library/currant-236

[Rinnwald]

...ten million dollars a year (with the possibility of banking $100 million over the course of his five year contract)...

Unless there's a bonus involved somewhere, that's some pretty bad liberal math.

[VeniVidiVici]

Oh, I suspect a big portion of that alleged $10 million is in the form of stock options or warrants which only have real worth if the business succeeds.

Sounds to me like Olbermann has a pretty huge stake in making sure Gore's Global Warming lie succeeds.

[Verbosus]

Quote:
“Oh, I’m pretty sure Keith pulled that number out of his a**.”

I agree.
Current TV doesn’t get the traffic to sustain that kind of pay.

[Friendofgeorge]

David Shuster....talk about the bottom of the barrel! And to think there was a time when he was a Fox star reporter.

For sure we learned who the real Shuster was once he jumped Fox for NBC, Hardball correspondent for a time, what a joke,and now a bigger joke if that was possible.