Former MSNBC personality Keith Olbermann has been named chief news officer on Current-TV, the cable network started by Al Gore. Olbermann will host a nightly “news” and commentary show according to the network’s websitewhere he “will lead” the programming slate.
“Nothing is more vital to a free America than a free media, and nothing is more vital to my concept of a free media than news produced independently of corporate interference,” said Olbermann in statement.
Olbermann’s compensation will include equity in Current Media, the corporate owners of Current-TV.
Olbermann left the constantly low-rated MSNBC on Jan. 21 three days after the network was acquired by Comcast along with the rest of NBC Universal.
Perhaps the most remarkable thing with regard to Current-TV is that has even fewer viewers that Olbermann’s old network.
Corporate question of the day: will Olbermann’s stake of stock cause him to stifle the spit and spite for the benefit of profits now that they are his own?