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 Olbermann’s 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 Countdown’s 8 p.m. time slot effective immediately. (Spitzer will keep Olbermann’s staff and film his show, Viewpoint, out of the same Manhattan studio.)
According to knowledgeable sources, the issues were Olbermann’s 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 Current’s Super Tuesday coverage.
[Snip]
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 ...
More Lib-fight goodies in the original article
....nah....
Someone will find out why he missed so many days of work and we’ll hear about it from the National Enquirer.
Spitzer??? Really? That’s the best they could do??? One wonders if the 2000 election actually mentally destablized Mr. Gore?
Spitzer???
Hoping for a prolonged public court battle between Olberbutt and algore.
Expensive and dirty?
What stuns me the most is that anyone would pay this slime bag $10 MILLION a year! That is was is amazing.
Schadenfreude...
For fifty million dollars, I'd shovel sh*t against the wind if that's what they wanted me to do, as my father would say.
Here, he just has to show up, and he can't even do that...what a putz.
LOL! I don’t know why, but that made me LOL! All by myself!
Thank you!
The Mrs
More people will respond to this posting than ever watched Olby.
I’ve ignored most of this current news about Olbermann. Didn’t care. Don’t care. Just hope he twistss and turns slowly now that the toilet has been flushed.
When you are a great reporter, you just need extra days off....not
Keith Olberman with a $50 million contract, is an anchor that would sink most ships.
Keith Olberman with a $50 million contract, is an anchor that would sink most ships.
Replaced by Elliot Spitzer..LOL
Now that’s embarrassing.
Apparently Keith’s jockey shorts are too tight. He can’t get along with anybody.
Replaced by Elliot Spitzer..LOL
Now that’s embarrassing.
Apparently Keith’s jockey shorts are too tight. He can’t get along with anybody.
It's incredible the mentally derranged can entertain thoughts of a $50 million contract. What a country!
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