Keith Olbermann has been fired by Current TV. Keith promises a lawsuit. Eliot Spitzer will replace Keith. Apparently, they were negotiating until yesterday:

The two sides tried to hammer out a setlement Thursday and into Friday, but with Olbermann insisting on tens of millions of dollars to pay out his contract, they remained far apart, according to two sources with knowledge of the matter.

Here’s Keith’s full statement. Current TV’s full statement is here. [More…]

From Current TV’s Statement:

“We are moving ahead by honoring Current’s values,” they said in the open letter. ” Current has a fundamental obligation to deliver news programming with a progressive perspective that our viewers can count on being available daily – especially now, during the presidential election campaign. Current exists because our audience desires the kind of perspective, insight and commentary that is not easily found elsewhere in this time of big media consolidation.”

From Keith’s statement:

“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,” Olbermann tweeted. “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.”

His departures from MSNBC and ESPN didn’t go well either. He seems to have some issues when it comes to playing well with others. Where can Keith go next?

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