Keith Olbermann and MSNBC has terminated their four year contract worth an estimated $30M on Friday, January 21, 2011, according to a statement released by the US cable news network’s parent company NBC.
Reports say that Olbermann‘s Countdown episode on Friday night will be its last broadcast. Countdown, the network’s top rating program, is being shown at 8pm and replayed at 11pm. Nielsen survey says that Countdown had 1.1 Million viewers on Thursday.
Olbermann will be leaving MSNBC as its highest rated personality and two years remaining in his contract. He played a big role in transforming MSNBC into a liberal oriented, and Democratic-leaning channel.
The management of MSNBC had suspended Olbermann from hosting his Countdown show last November 2010, after violating company rules when he made donations to three Democratic candidates that include Rep. Gabrielle Giffords, the Arizona congresswomen who was shot in the head in Tucson.
In his dramatic farewell, Olbermann said: “This may be the only television programme wherein the host was much more in awe of the audience than vice versa. You will always be in my heart for that.”
Below is NBC‘s statement regarding the termination of Keith Olbermann‘s contract.
MSNBC and Keith Olbermann have ended their contract. The last broadcast of Countdown with Keith Olbermann will be this evening. MSNBC thanks Keith for his integral role in MSNBC’s success and we wish him well in his future endeavors.
There was no clear reason that was issued about the abrupt firing of Olbermann. Speculations have spread that Comcast had a hand on the termination of Olbermann.
Comcast, however, issued the statement below to deny any involvement on the Olbermann issue:
Comcast has not closed the transaction for [NBC-Universal] and has no operational control at any of its properties including MSNBC. We pledged from the day the deal was announced that we would not interfere with NBCU’s news operations. We have not and we will not.
Lawrence O’Donnell, host of the channel’s 10pm output, will take the 8pm slot from Olbermann, according to MSNBC.
More Related News
- Keith Olbermann Will Return on MSNBC’s “Countdown” after Suspension Without Pay
- Bristol Palin Responds to Keith Olbermann’s ‘Worst Person in the World’ Statement
- Oprah Winfrey Reveals Greatest Fear; Launching OWN Cable TV Network on 2011
- New Year’s Countdown to 2011 at the Rizal Park
- Oprah Winfrey launches OWN 24-hour cable network
- World Series may not be Televised on Cablevision
- Pacquiao vs Margarito Live Through ClickBiz in Batangas City
- Hong Kong jobs for Filipinos remain after Manila hostage tragedy
- Nicole Kidman and Keith Urban’s Global Creatures lead the list of BRW Top 10 Richest Entertainers 2010
- Ted Williams Reunites With His Mother Julia Williams (Video)
- GM Recall 2010: 14,245 V8 Buick Lucerne and Cadillac DTS models due to fire risk caused by Power Steering problem
- Time Warner Cable Launches $4 Billion Share Repurchase Program, Declares Quarterly Earnings
- Best Buy 4-Day Santa’s Countdown to Christmas Sale
- Moscow Mayor Luzhkov fired by Russian President Medvedev
- Metro Rail Transit (MRT) Cable Wire Burned Causes Commotion
Around The Web