Keith Olbermann To Have Equity Stake In His New Current TV Show

Written by Michael Lambarde on Feb. 10, 2011

Former outspoken MSNBC anchor Keith Olbermann is reportedly planning to join Al Gore’s Current TV cable channel. He was in the news just weeks ago when NBC News’ MSNBC released him from the company, even though he had the highest rated show on the network, “Countdown with Keith Olbermann”, which he has hosted for eight years. He had leave the channel because of his apparent inclination and donation to a political party, that was against the policies and guidelines set by the channel, along with other arguments with those within power.

Although the news has not been confirmed by the veteran talk show host, it was not denied either by his representatives or the executives from the Current TV. No one refuted that Current TV could be part of his future in the television industry. A reputed source recently said that Keith Olbermann is all set to share an equity stake with Current TV. The speculation regarding his joining the new public affairs channel emerged, when a public relation agency circulated an email to the leading media houses, stating that the talk show host and his new partner, will make an exciting announcement, regarding his next milestone of his career. It also stated that a conference call has been arranged on Tuesday morning, to publicize the news in details.

If the news is announced as true, then sources say that Keith Olbermann’s presence is bound to add on to the portfolio of Current TV, which only caters to only 60 million homes, as compared to MSNBC, that reaches to more than 85 million homes. Sources expects that considering the high television rating that “Countdown with Keith Olbermann” demanded, he has already gained a secured position in the television industry. On that note, his future seems secures, so seems to be the future of Current TV.

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