Olbermann, Current Settle for $50M

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Keith Olbermann on "Late Night With Jimmy Fallon" at Rockefeller Center on June 16, 2011 in New York City

Journalistic rabble-rouser Keith Olbermann has settled his legal dispute with Current TV for $50 million, according to a source. The two parties had sued each other over Olbermann’s firing from the network in April 2012, with the TV host saying he was improperly let go and Current saying he breached his contract. In a joint statement, Olbermann and Current TV said: “The parties are pleased to announce that a settlement has occurred, and that the terms are confidential. Nothing more will be disclosed regarding the settlement.”