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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKeith Olbermann: Current Won't Pay $50 Million Deal
Keith Olbermann: Current Won't Pay $50 Million Deal, Cites Breach of Contract, Sabotage, Disparagementhttp://www.hollywoodreporter.com/news/keith-olbermann-current-tv-al-gore-breach-contract-sabotage-306458
Olbermann's team was informed Thursday morning that Current would immediately replace him with Eliot Spitzer; accused of missing 19 out of 41 work days
Keith Olbermann was informed on Thursday morning that Current was terminating its five-year, $50 million contract with its star anchor.
The network sent an email to Olbermanns 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 Countdowns 8 p.m. timeslot effective immediately. (Spitzer will keep Olbermanns staff and film his show, Viewpoint, out of the same Manhattan studio.)
According to knowledgeable sources, the issues were Olbermanns repeated unauthorized absences as well as sabotaging the network and attacking Current and its executives.
Well it's obvious that it wasn't money that was important to Keith, it's principles.
It could get bloody when Gore/Hyatt and Keith's people square off in the ring.
Al Gore's Current TV has already Retained Crisis PR Experts for Anticipated Battle With Keith Olbermann.
http://www.hollywoodreporter.com/news/keith-olbermann-current-tv-Michael-Fabiani-Chris-Lehane-306437
The network retains lawyers and crisis PR experts Michael Fabiani and Chris Lehane, who have represented Bill and Hillary Clinton and Lance Armstrong.
Current TV has hired crisis public relations firm Fabiani & Lehane to represent the network through what is likely to be a very public and bitter legal battle with Keith Olbermann.
Veterans of the Clinton administration, Michael Fabiani and Chris Lehane specialize in steering politicians through public scandals. Newsweek dubbed them Masters of Disaster for their work on behalf of the Clintons during the Whitewater and Monica Lewinsky imbroglios.
Nothing like 2 Liberal Lions going after each other to create headlines.
There may not be enough popcorn in the world.
PoliticAverse
(26,366 posts)JDPriestly
(57,936 posts)Hey! We who volunteer in politics expect no support and no pay. It appears to me that Olbermann is unwilling to make the slightest sacrifice for what he believes in. Or maybe he doesn't really believe in what he says. Maybe he just puts on a big show. I don't know.
I always liked him, but he doesn't seem committed enough.
hlthe2b
(102,276 posts)Sheesh. This going to be very ugly....
janx
(24,128 posts)" Olbermann's team was informed Thursday morning that Current would immediately replace him with Eliot Spitzer; accused of missing 19 out of 41 work days."
Can people who write online construct a sentence?
jberryhill
(62,444 posts)It seems like a lot of the time here, there's a 50 post thread while I'm still puzzling over ambiguities and basic missing facts.
janx
(24,128 posts)major news agencies have the same thing going on. Most of the time it involves incomplete sentences--missing words.
JDPriestly
(57,936 posts)We post spontaneously, and we don't have editors of proof-readers.
I like it. If I don't understand a post, I simply ask for an explanation.
jberryhill
(62,444 posts)Not stuff written here by thumbs on iPhones.
janx
(24,128 posts)Dude, I am talking about basic grammar and sentence structure, in addition to spelling. It's not that difficult, and I find weird mistakes in major news sources as well.
PoliticAverse
(26,366 posts)dkf
(37,305 posts)Justice wanted
(2,657 posts)talk.
Snake Alchemist
(3,318 posts)Samantha
(9,314 posts)He developed bronchitis somewhere all during this. I think his health issues did hamper his showing up some of the time, but the steroids definitely caused bad side effects. My dog had to take these for 3 years during allergy season, and the ramifications where horrendous. After the third round, I told the vet I didn't want to give them to her any more; the cure was worse than the disease. I have treated the allergies successfully in other ways, but that probably would not be the case when a person has bronchitis.
It is also true there were technical problems with the production and that caused some disagreements. When things get that difficult, stress alone impacts one's health. But Keith did say he wanted to work the problems out; I guess Hyatt did not. Hyatt is the real loser in my humble opinion.
Sam
dkf
(37,305 posts)Very bad.
Justice wanted
(2,657 posts)interrupted interviews with unplanned commercials, piss poor camera work-who remembers when people's heads-the tops where cut off-out of view, Satellite feeds not working properly. HOW THE FREAK is THAT Keith's Fault?
Snake Alchemist
(3,318 posts)At least according to the man who cannot hold a job. Anywhere.
PatrynXX
(5,668 posts)1. keith really was sick and 2. Gore breached the contract by giving him a black background. How else is the star attraction supposed to react if you don't support him. Gore has no standing on this issue and is um acting like one real sick puppy. And Rush still has a job. Didn't know Keith was having a major boycott against him. Just a horrid business move on Al's part. Probably why he was on that Rock show recently. Bad PR. Which is going to get worse. CBS style. Like Dan Rather is king. Fire him and well I haven't been back. Nobody had heard of Current until they brought Keith in. Now everyone does. How the hell is that sabotage. Think Al's on fumes or Rupert paid him off.
Pisces
(5,599 posts)He joined Current to help build the station. They did not have NBC money. What the hell did he expect? Goog riddance, he needs therapy for his narcissism.
JDPriestly
(57,936 posts)deal with much worse. In my opinion, Keith needs to think about how committed he really is. His audience wanted to hear what he had to say and did not care about the technical issues.
Pisces
(5,599 posts)like a prima donna baby. Keith is an overrated spoiled brat. No one in their right mind will want to touch this guy who has been
fired from 4 networks. He is damaged goods, no matter what he says. History shows he has the problem, not the other way around.
He wants 50 million for what?? He didn't work, and got conveniently sick. Shut up and go away quietly.
HotRodTuna
(114 posts)Unless it's your company of course. Maybe he thought it was. This should be fun, Current didn't need this headache I'm sure.
fasttense
(17,301 posts)Joel Hyatt has been sued before for firing someone who was seriously ill. The person Hyatt fired, Cain, ended up winning in court, but Cain soon died.
I think Vice President Gore is getting really lousy advice from Hyatt.
aint_no_life_nowhere
(21,925 posts)He put them "on the map". He built their audience and made their other shows possible. I remember what it was like on DU when it was announced that Keith would be coming back with Countdown on something called Current TV. Almost everyone here was writing "Current, what's that? Where is it on the dial?" Before Olbermann, Current's standard fare as far as programming is concerned consisted of obscure documentaries about goatherders in Khazakstan and the like. I'm not a good judge regarding how much someone is worth to a business. But TV entertainers and talkers often have short careers like athletes ad movie stars and if Keith brought viewers to Current and a profit where there was nothing before, then maybe he was worth quite a lot.
jberryhill
(62,444 posts)I mean, unless they make the goats wear orange and lock them in cells.
aint_no_life_nowhere
(21,925 posts)I could never figure out why a major cable news channel goes virtually unprogrammed and consequently unwatched on week-ends.
jberryhill
(62,444 posts)Rachel could sign off with the anthem and the kids could talk to poltergeists all weekend.
Which is STILL better than watching FOX.
al_liberal
(420 posts)While I enjoy all of the work that Keith has done, he's either been outright fired or otherwise dismissed from every broadcasting job he's had. At what point does the credibility of the speaker come into question? When does it become OK to look beyond his message and begin to look at his personality?
ErikJ
(6,335 posts)He has been kicked off ESPN and MSNBC and now Current. He had 1 million watchers on MSNBC and only 170,000 on Current which probably depressed his efforts.
Why doesnt Thom Hartmann have a show at Current??
JDPriestly
(57,936 posts)It is about bringing the news to people who otherwise don't get the full story. In my opinion, he is a bit self-centered maybe. I don't know him, but when you really care about a cause, you simply go for it. You don't balk because things aren't going the way you want.
Good thing he isn't a farmer. Can you imagine not going to milk the cows in the morning because you didn't think they produced enough yesterday and besides one of them kicked the milk pail over a couple of days ago? That's not the way the world works.
You try to do your job. There will be times when you can't, but many, many Americans relied on Olbermann. How sad this is. But maybe we are not hearing the real story.
Pisces
(5,599 posts)Stinky The Clown
(67,799 posts)A retracing of his life path will make necessary the fording of many rivers to bypass the smoldering wreckage of burned bridges.
Blackhatjack
(11,061 posts)KO's contract was for much more than the $50 mil. It included promises that he would have imput and discretion as to decisions going forward as the Chief of News.
However, when a contract dispute reaches this level it is usually the $ ($50mil here) that becomes the means of securing vindication.
I predict a settlement that will make KO substantially wealthier than he is today, but unsatisfied as to how he was treated and portrayed to the public, and his followers.
Such is the tv game -- you can fire anyone, but you just can't fire them without suffering the consequences if you did not have just cause.
JDPriestly
(57,936 posts)It really isn't so simple.
Blackhatjack
(11,061 posts)I was pointing out that the contract given to KO included more provisions than just an amount of money to be paid.
A breach of contract suit depends on whether the alleged breach or breaches are 'material.' If not, then the breach of contract suit brought by the plaintiff can result in actual breach of the contract, and the plaintiff may be libel to the defendant.
I have no idea what KO might have done which would have amounted to a 'breach of contract.' But I do know that his contract reported at the time he joined CURRENT contained lots of provisions that spelled out his powers and responsibilities --AND supposedly the promise of his obtaining an ownership interest was included.
This will get messy in a hurry if both sides cannot come to a settlement, and full public disclosure will likely cost both sides in that event.
Keep in mind that not everyone brings suit just for the $$. Sometimes it is vindication, revenge, or some other non-pecuniary interest. That often happens in divorce and property settlement cases. The KO and CURRENT may be similarly motivated.
bigwillq
(72,790 posts)Not sure any news anchor is.
Blackhatjack
(11,061 posts)That does not seem to be too much for the Chief of News of the Network, who also anchors and runs his own show.
bigwillq
(72,790 posts)I don't know why folks defend these outrageous salaries. It's like saying Alex Rodriguez deserves all the money he makes. He doesn't. And I'm a Yankees fan.