YOU’RE FIRED! Current TV Dumps Keith Olbermann

Current TV said Friday afternoon that it had terminated the contract of its lead anchor Keith Olbermann, not even one year after he was hired to revamp the channel and take it to the next level. Seems the next level might be Online Streaming Free with KEEF on! Olbermann will not be given an opportunity to sign off. Starting Friday night, the former New York governor Eliot Spitzer will replace him according to a letter to viewers. Regarding Spitzer Olbermann (RE)tweeted:

    Had to restore their ethics they said 🙂 weird how they see fit to replace a pro journalist w/a guy who got busted w/a Hooker and also RT The headline @KeithOlbermann fired replaced by Eliot Spitzer sounds like someone replacing @Oprah w/Snooki

The decision to dismiss Mr. Olbermann was unanimous among the senior managers of Current and this came after months of infighting between Olbermann and his bosses at Current, including David Bohrman, the channel’s president, and Joel Hyatt, its chief executive. Part of Current TV’s statement:

    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.

Keith Tweeted Just Now:

Olbermann’s full 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. Hyatt’s “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 employee’s name was Clarence B. Cain.
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.