/// Current TV Shows Olbermann the Door

March 30, 2012  |  Media Week

A year after Keith Olbermann hooked up with Al Gore’s struggling Current TV, the peripatetic news anchor once again is out of a job. Having locked horns with the 53-year-old newsman for months, Current founders Al Gore and Joel Hyatt on Friday ended the $50 million Olbermann experiment. Effective immediately, former New York Gov. Eliot Spitzer will assume Olbermann’s 8 p.m. time slot, serving as host of a one-hour program titled Viewpoint with Eliot Spitzer . While Current did not explicitly give cause for firing Olbermann, the co-founders were clearly fed up with his antagonistic behavior. In a note to viewers, Gore and Hyatt said that Olbermann failed to live up to the network’s guiding principles of “respect, openness, collegiality and loyalty,” adding that as “these values are no longer reflected in our relationship with Keith Olbermann…we have ended it.” In a statement posted to his Twitter account , Olbermann said he wished to “apologize to my viewers and my staff for the failure of Current TV,” before going on to charge the co-founders with negligence. “Mr. Gore and Mr. Hyatt, instead of abiding by their promises and obligations and investing in a quality news program, finally thought it was more economical to try to get out of my contract,” Olbermann said. He went on to say that he would seek legal recourse: “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.” Olbermann was brought into the Current fold in February 2011, signing on as chief news officer mere days after he was fired by MSNBC. Countdown premiered June 20. At the time, Current hoped Olbermann would help juice the channel’s distribution efforts and power ratings

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Current TV Shows Olbermann the Door

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