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On top of his hosting and production duties, Olbermann will also serve as Current Media’s chief news officer and will have an equity stake in the company, according to a statement.

“Nothing is more vital to a free America than a free media, and nothing is more vital to my concept of a free media than news produced independently of corporate interference,” Olbermann said in a statement. Current Media was founded in 2005 by Vice President Al Gore and Joel Hyatt, and is now distributed to more than 75 million households worldwide.Full Story

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