1. MEDIA TROUBLE

    Olbermann, Current Settle for $50M

    Jason Kempin / Getty Images

    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.”

    Read it at The Hollywood Reporter