Al Gore's Current TV just fired Keith Olbermann, according to The New York Times:

Current TV said Friday afternoon that it had terminated the contract of its lead anchor, Keith Olbermann, scarcely a year after he was hired to reboot the fledgling channel in his progressive political image.

Starting Friday night, the former New York governor Eliot Spitzer will take over Mr. Olbermann’s 8 p.m. time slot, according to a letter to viewers. His program will be titled “Viewpoint With Eliot Spitzer.”

Mr. Olbermann did not immediately respond to a request for comment. Current indicated that he had failed to honor the terms of his five-year, $50 million contract, giving the channel the right to terminate it...Mr. Olbermann will not be given an opportunity to sign off.

UPDATE: Olbermann is suing, calling his termination "improper."