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obey

(66 posts)
Fri Mar 30, 2012, 10:25 PM Mar 2012

Keith Olbermann: Current Won't Pay $50 Million Deal

Keith Olbermann: Current Won't Pay $50 Million Deal, Cites Breach of Contract, Sabotage, Disparagement

http://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 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. timeslot 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.”


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.
38 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Keith Olbermann: Current Won't Pay $50 Million Deal (Original Post) obey Mar 2012 OP
Olbermann's statement on the firing... PoliticAverse Mar 2012 #1
So much for Olbermann's commitment to liberal politics. JDPriestly Mar 2012 #23
Popcorn? There may not be enough antacids... hlthe2b Mar 2012 #2
What does this mean? janx Mar 2012 #3
No, and it's getting worse by the minute jberryhill Mar 2012 #10
This is some Hollywood crap, but janx Mar 2012 #13
We don't edit our "work" when we post on-line. JDPriestly Mar 2012 #25
I'm talking about sourced material jberryhill Mar 2012 #30
"Editors of proof-readers?" janx Mar 2012 #31
Current TV statement on the firing... PoliticAverse Mar 2012 #4
What's with the absences? Was it over a dispute? dkf Mar 2012 #5
Keith was sick. He got bonchitis and strained his voice so badly that the doctor's wouldn't let him Justice wanted Mar 2012 #7
Or he had a type out 'blue flu' nt Snake Alchemist Mar 2012 #11
He was also on steroids to clear this problem up Samantha Mar 2012 #32
Wow current tv better not have caused this over an illness. dkf Mar 2012 #37
How Did KEITH “sabotaging the network" WHEN CURRENT- gave Keith a Piss poor set, Justice wanted Mar 2012 #6
all part of Al Gore's greed and lack of ethics Snake Alchemist Mar 2012 #12
as far as I know PatrynXX Mar 2012 #15
Keith should have been fired long ago. He didn't have the right background???? Pisces Mar 2012 #22
We who campaign door to door and make phone calls JDPriestly Mar 2012 #26
Nothing is perfect at a fledgling network. He should have sucked it up and made it work. Not cry Pisces Mar 2012 #38
Pretty cocky to have a $50 million deal and skip work that much HotRodTuna Mar 2012 #8
Sounds to me like Keith has some serious illness. fasttense Mar 2012 #35
Would we even know Current TV existed if it hadn't been for Keith? aint_no_life_nowhere Mar 2012 #9
Those goatherders sound better than prison jberryhill Mar 2012 #14
lol - yeah, MSNBC is a complete wasteland on week-ends aint_no_life_nowhere Mar 2012 #16
I'd prefer the old Indian head test pattern jberryhill Mar 2012 #17
My fire extinguisher is at the ready. al_liberal Mar 2012 #18
Olbermann seems like a Prima Donna ErikJ Mar 2012 #19
Olbermann needs to remember that it isn't about him. JDPriestly Mar 2012 #28
Good, he hasn't earned it. Go away and try to recover some dignity. Pisces Mar 2012 #20
Mr. Olbermann, while a great liberal and truth teller, has a very checkered employment history Stinky The Clown Mar 2012 #21
I don't believe CURRENT is going to want KO's Contract aired ... Blackhatjack Mar 2012 #24
Maybe not. Olbermann might be found to have breached the contract. JDPriestly Mar 2012 #29
I never said it was so simple ... Blackhatjack Mar 2012 #33
Olbermann is not worth 50 mill, imo. bigwillq Mar 2012 #27
I believe it was $10mil per year for 5 years... Blackhatjack Mar 2012 #34
10 mill per us more than enough bigwillq Mar 2012 #36

JDPriestly

(57,936 posts)
23. So much for Olbermann's commitment to liberal politics.
Fri Mar 30, 2012, 11:49 PM
Mar 2012

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.

janx

(24,128 posts)
3. What does this mean?
Fri Mar 30, 2012, 10:33 PM
Mar 2012

" 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)
10. No, and it's getting worse by the minute
Fri Mar 30, 2012, 11:06 PM
Mar 2012

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)
13. This is some Hollywood crap, but
Fri Mar 30, 2012, 11:10 PM
Mar 2012

major news agencies have the same thing going on. Most of the time it involves incomplete sentences--missing words.

JDPriestly

(57,936 posts)
25. We don't edit our "work" when we post on-line.
Fri Mar 30, 2012, 11:51 PM
Mar 2012

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.

janx

(24,128 posts)
31. "Editors of proof-readers?"
Sat Mar 31, 2012, 12:29 AM
Mar 2012

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.

Justice wanted

(2,657 posts)
7. Keith was sick. He got bonchitis and strained his voice so badly that the doctor's wouldn't let him
Fri Mar 30, 2012, 10:41 PM
Mar 2012

talk.

Samantha

(9,314 posts)
32. He was also on steroids to clear this problem up
Sat Mar 31, 2012, 01:01 AM
Mar 2012

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

Justice wanted

(2,657 posts)
6. How Did KEITH “sabotaging the network" WHEN CURRENT- gave Keith a Piss poor set,
Fri Mar 30, 2012, 10:40 PM
Mar 2012

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)
12. all part of Al Gore's greed and lack of ethics
Fri Mar 30, 2012, 11:09 PM
Mar 2012

At least according to the man who cannot hold a job. Anywhere.

PatrynXX

(5,668 posts)
15. as far as I know
Fri Mar 30, 2012, 11:13 PM
Mar 2012

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)
22. Keith should have been fired long ago. He didn't have the right background????
Fri Mar 30, 2012, 11:24 PM
Mar 2012

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)
26. We who campaign door to door and make phone calls
Fri Mar 30, 2012, 11:52 PM
Mar 2012

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)
38. Nothing is perfect at a fledgling network. He should have sucked it up and made it work. Not cry
Sat Mar 31, 2012, 01:29 PM
Mar 2012

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)
8. Pretty cocky to have a $50 million deal and skip work that much
Fri Mar 30, 2012, 10:43 PM
Mar 2012

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)
35. Sounds to me like Keith has some serious illness.
Sat Mar 31, 2012, 06:36 AM
Mar 2012

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)
9. Would we even know Current TV existed if it hadn't been for Keith?
Fri Mar 30, 2012, 11:02 PM
Mar 2012

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)
14. Those goatherders sound better than prison
Fri Mar 30, 2012, 11:10 PM
Mar 2012

I mean, unless they make the goats wear orange and lock them in cells.

aint_no_life_nowhere

(21,925 posts)
16. lol - yeah, MSNBC is a complete wasteland on week-ends
Fri Mar 30, 2012, 11:14 PM
Mar 2012

I could never figure out why a major cable news channel goes virtually unprogrammed and consequently unwatched on week-ends.

 

jberryhill

(62,444 posts)
17. I'd prefer the old Indian head test pattern
Fri Mar 30, 2012, 11:18 PM
Mar 2012

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)
18. My fire extinguisher is at the ready.
Fri Mar 30, 2012, 11:18 PM
Mar 2012

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)
19. Olbermann seems like a Prima Donna
Fri Mar 30, 2012, 11:19 PM
Mar 2012

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)
28. Olbermann needs to remember that it isn't about him.
Fri Mar 30, 2012, 11:57 PM
Mar 2012

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.

Stinky The Clown

(67,799 posts)
21. Mr. Olbermann, while a great liberal and truth teller, has a very checkered employment history
Fri Mar 30, 2012, 11:21 PM
Mar 2012

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)
24. I don't believe CURRENT is going to want KO's Contract aired ...
Fri Mar 30, 2012, 11:50 PM
Mar 2012

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.

Blackhatjack

(11,061 posts)
33. I never said it was so simple ...
Sat Mar 31, 2012, 01:41 AM
Mar 2012

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.

Blackhatjack

(11,061 posts)
34. I believe it was $10mil per year for 5 years...
Sat Mar 31, 2012, 01:46 AM
Mar 2012

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)
36. 10 mill per us more than enough
Sat Mar 31, 2012, 09:28 AM
Mar 2012

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.

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