Current-Keith Olbermann Close To Settlement

By Alex Weprin 

The lawsuit between Current TV and former Current TV host Keith Olbermann may be over. THR’s Matthew Belloni reports that the two sides agreed on a settlement during a mediation session Tuesday.

Terms of the deal will not be disclosed. Olbermann and Current, who sued each other in April 2012 over his dismissal from the liberal-leaning network, are expected to file court documents soon dismissing the case.

A source in the agent community tells TVNewser that the settlement will give Olbermann the opportunity to return to TV in short order, provided there is a network with a job to offer.

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Olbermann was fired from Current TV in March of last year, filing a lawsuit promptly thereafter. He left MSNBC in January of 2011, apparently unhappy with management there. He has taken meetings with other networks, notably networks owned by Viacom, AMC and ESPN.

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