MSNBC extends Olbermann’s contract
Keith Olbermann, the anchor of “Countdown,” will remain at MSNBC through the next presidential election season, the cable news channel announced Monday afternoon.
The announcement came less than two years into Mr. Olbermann’s current four-year deal. MSNBC essentially tore up his February 2007 contract (reported to be worth up to $4 million a year) and wrote a new one, according to two employees with knowledge of the agreement. The new contract is valued at about $7.5 million a year, one of the people said.