Current TV, Kieth Olbermann reportedly negotiating settlement

Current TVIt seems almost like forever ago at this point that Keith Olbermann was dismissed from Current TV, even though in reality it was less less than a year ago that the “Countdown” host and the network each filed lawsuit against each other in what ended up being a very public end to waht was originally supposed to be a very positive and lucrative relationship for all parties involved.

According to The Hollywood Reporter, both parties are close now to reaching a settlement over the claims that Olbermann was fired from the network (which was then owned by Al Gore and Joel Hyatt) without cause, and also was not given the tools and editorial oversight he felt were necessary in order to deliver a show that ended up meeting his expectations. Olbermann had fired back in its own argument, arguing that the host failed to show up to work on numerous occasions, and violated his contract by speaking about his 5-year, $50 million deal to be on the network with the man. (Olbermann was canned a year into the deal thanks in part to behind-the-scenes issues as well as low ratings.)

What has made this an interesting case to follow is not so much that Olbermann is involved, given his history at this point of being involved in behind-the-scenes drama, but rather the sole fact that Current sold their network to Al Jazeera in January, and the new owners are looking to start up an American channel of their well-respected global news organization.

Are you glad that this mess is over, and were you ever thinking about it anymore in the first place? Be sure to share some of your thoughts below, and you can read more about the Current TV sale over at the link here.

Photo: Current TV

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