The New York Times's Brian Stelter     reported Friday that Current TV has dismissed cable news    host Keith Olbermannafter    he moved there just over a year agofrom MSNBC, and    the break-up does not sound amicable. In a statement, Current    TV writes:  
      Current was also 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.    
    That might only be big news in itself if you're an Olbermann    follower, though if you are, it'll come as no surprise.    Olbermann has     publicly sparred with his network a lot over the past few    months. But of course, no story on Olbermann goes without his    own enthusiastic take on it, and we expect fireworks will make    this interesting. Apparently, there won't be any ceremony about    the firing either, Stelter reports. Olbermann's dismissal is    immediate, and he'll be replaced by Eliot Spitzer -- the former    New York governor who also knows a little something about        being fired by a cable news network. Spitzer's set to    appear in just a few hours from the announcement, a turn-around    so fast, even the show's guests have been     caught off guard.  
    It'll also be interesting to see where Olbermann lands. We hear    Rupert Murdoch's got a     new sports network in the making.  
    Update: 6:30 PM EST:Olbermann released    the following    statement:  
      I'd like to apologize to my viewers and my staff for the      failure of Current TV.      Editorially, Countdown had never been better. But for more      than a year I have been imploring Al Gore and Joel Hyatt to      resolve our issues internally, while I've been not      publicizing my complaints, and keeping the show alive for the      sake of its loyal viewers and even more loyal staff.      Nevertheless, 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.      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. To understand Mr. Hyatts values of respect,      openness, collegiality and loyalty, I encourage you to read      of a previous occasion Mr. Hyatt found himself in court for      having unjustly fired an employee. That employees name was      Clarence B. Cain. http://nyti.ms/HueZsa      In due course, the truth of the ethics of Mr. Gore and Mr.      Hyatt will come out. For now, it is important only to again      acknowledge that joining them was a sincere and      well-intentioned gesture on my part, but in retrospect a      foolish one. That lack of judgment is mine and mine alone,      and I apologize again for it.               
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Read more from the original source:
Keith Olbermann and Current TV Break Up