Olbermann Vows Legal Action Against Current TV

Current TV's Keith Olbermann is out at Current TV after a drawn out fight with network executives. His show Countdown is already set to be replaced by former New York Democratic Gov. Eliot Spitzer and his new show Viewpoint with Eliot Spitzer.

"Current was also founded on the values of respect, openness, collegiality, and loyalty
to our viewers," Current TV founders Al Gore and Joel Hyatt said in a statement. "Unfortunately these values are no longer reflected in our relationship with Keith Olbermann and we have ended it."

Olbermann responded with 11 tweets shortly after the announcement. He apologized to viewers and his staff for the "failure of Current TV." He cites spending a year "imploring" Gore and Hyatt to "resolve issues internally."

"It goes almost without saying that the claims against me in Current's statement are untrue," Olbermann said in a tweet. "And will be proved so in the legal actions I will be filing against them presently." Olbermann also declared his whole experience a failure at Current TV. "For now, it is important only to again acknowledge that joining them was a sincere and well-intentioned gesture on my part, but in retrospect a foolish one. That lack of judgment is mine and mine alone, and I apologize again for it." Gore and Current TV have moved on from Olbermann and are immediately starting the new show. "Eliot Spitzer is a veteran public servant and an astute observer of the issues of the day," Gore said in a separate statement. "He has important opinions and insights. Eliot relishes the kind of constructive discourse that our viewers will appreciate this important election year."

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