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Keith Olbermann: 'Joining Current TV was a major mistake'

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TV presenter Keith Olbermann

© PA Images / LANDOV

Keith Olbermann has admitted he's somewhat responsible for the failure of his Current TV talkshow Countdown.

The journalist exited Al Gore's cable channel after less than a year last week, allegedly as a result of his quarrelling with the network's staff.

Gore and his business partner Joel Hyatt said in a statement that Current's "values of respect, openness, collegiality, and loyalty" were "no longer reflected in [their] relationship with Keith Olbermann".

Olbermann fired off a quick response, wherein he indicated that he would be taking legal action against his former employers.

He appeared on The Late Show with David Letterman on Tuesday (April 4) to admit that he made a mistake by ever signing with Current.

"It's my fault that [Countdown] didn't succeed in the sense that I didn't think the whole thing through. I didn't say, 'You know, if you buy a $10 million chandelier, you should have a house to put it in'," Olbermann joked to David Letterman.

The star also addressed former Vice President Gore's comments that Olbermann fell short of Current's goals.

"[Gore] meant well. It didn't go well. He just wasn't that involved in it and it was kind of difficult to get to him on these things," Olbermann said.

It was reported last week that Olbermann had actually been planning to quit Current TV before he was released from his contract.

Countdown has been replaced on Current by a news hour hosted by former New York Governor Elliott Spitzer.

Watch a clip from Keith Olbermann's appearance on The Late Show below:

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