Skip to comments.Keith Olbermann: Current Won't Pay $50 Million Deal, Cites Breach, Sabotage, Disparagement
Posted on 04/01/2012 3:39:40 AM PDT by Zakeet
Keith Olbermann was informed Thursday morning that Current was terminating its five-year, $50 million contract with its star anchor.
The network sent an e-mail to Olbermanns agent, Nick Khan at ICM, on Thursday morning stating that Olbermann was being let go for material, serial breach of contract and informed him that Eliot Spitzer would take Countdowns 8 p.m. time slot effective immediately. (Spitzer will keep Olbermanns staff and film his show, Viewpoint, out of the same Manhattan studio.)
According to knowledgeable sources, the issues were Olbermanns repeated unauthorized absences as well as sabotaging the network and attacking Current and its executives.
Current has asserted that Olbermann missed 19 out of 41 working days in January and February. Then on Monday, Feb. 27, Olbermann asked for a vacation day on the following Monday, March 5, one day before the Super Tuesday GOP primaries. Olbermann was told that he could not have the day off, and if he took it, he would be in breach of contract. He took the day off. But he was on the air the following day for Currents Super Tuesday coverage.
A statement from Gore and Hyatt announcing Olbermann's termination underscored the personal animosity between the two parties: "Current was founded on the values of respect, openness, collegiality and loyalty to our viewers. Unfortunately, these values are no longer reflected in our relationship with Keith Olbermann, and we have ended it.
Olbermann responded with his own statement laying the blame for the dispute on Current executives. ... It goes almost without saying that the claims against me implied in Current's statement are untrue and will be proved so in the legal actions I will be filing against them presently.
(Excerpt) Read more at hollywoodreporter.com ...
They knew what a loser he is when they hired him. And now he is being replaced by another known loser. And the network is owned by a huge loser.
I’m seeing a trend here.
How can they get any sponsors at all?
Actually, that’s pretty funny. Ego Olbermann replaced by the world’s most famous John. Talk about your network giving you the finger...
“Current was founded on the values of respect, openness, collegiality and loyalty to our viewers.
Since when could a liberal show be considered any of the above?
Respect: for all views, NO
Openness: concerning liberal views
Collegiality: liberal think tanks
Loyalty: to socialist values
Overbite was hired because he is a loyal liberal. He was fired for following obamas style. Paid days off for no work done. Liberals eating their own. I love it!!!
Al Gore vs. Olbermann... It’s like the Iran/Iraq War. Hope they both lose!
You just know Olbermann’s career is over when Current TV doesn’t want him. And to add insult to injury Current TV is replacing Olbermann with Spitzer!
I can’t stand Olbermann but I hope he sues and gets his $50 million . . . what a shame if Current TV gets a hit to its pocketbook!
I think the man is physically dangerous. I wouldn’t want to be anywhere near him.
Yum, yummy, icing on the cake...
...I'm sure it's embarrasing, but someone has to be famous enough for the hoi-polloi to care about before the National Enquirer wastes ink on them. Even Tiger Wood's scandal had to wait for a slow scandal week before the NE reported on his infidelity.
When you’ve lost your friends at Current TV, where else can you go?
“When youve lost your friends at Current TV, where else can you go?”
Non current TV?
Maybe he can do infomercials for the Time-Life Disco collection.
Beautiful response, so would I, thank your Dad, he didn’t raise a dummy....
What amazes me most is they get that much revenue from advertisers. Who watches commercials anymore?
Yea...get the guy who paid a prostitute for his pleasure, that'll work for the Left wing crowd. Real upstanding kinda man. And, if he doesn't draw an audience, next in line there is that perverted ex-Senator who photographed himself and displayed his pictures on Twitter...Democrat,Anthony Weiner.
The Libs have such an admirable pool of talent to use to promote their low standards and immoral behavior.
I think I’ll have a tasty cake...maybe even two.
Expensive and dirty?