Report: Keith Olbermann to Announce Deal with Current TV

Feb 8, 2011  •  Post A Comment

[UPDATE: Feb. 8, 2011, 8:30 a.m., PT. It’s official. Keith Olbermann has joined Current TV. Part of the announcement says,

"In addition to executive producing and hosting a new nightly primetime news and commentary show, Olbermann will also serve as the company’s Chief News Officer and will have an equity stake in Current Media. The new show will air live weeknights in primetime beginning later in 2011."

To read the entire announcement of Olbermann’s joining Current TV, please click here.]

The next television home for Keith Olbermann, who abruptly left MSNBC in January, is said to be Al Gore’s Current TV, reports the New York Times’ Media Decoder blog.

The article says that neither Olbermann or Current TV representatives would comment, but they didn’t deny that the network would become part of Olbermann’s future plans.

The report adds that Olbermann will have an equity stake in the cable channel co-founded by former Vice President Gore.

The story notes that Current TV has scheduled a presentation with advertisers for Wednesday afternoon, Feb,. 9, 2011 to discuss the network’s plans, since snaring Olbermann would help boost its profile.

Current TV is available in about 60 million homes and is included on the digital tier of cable operators’ systems. Olbermann’s former home, MSNBC, is able to reach a broader audience since it’s available in 85 million homes and is usually a basic cable option, the article notes.

One Comment

  1. Equity stake? Quick: What is 50 percent of zero?

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