Bill Carter's latest:

http://mediadecoder.blogs.nytimes.com/2011/01/22/olbermanns-msnbc-exit-was-weeks-in-the-making/?partner=rss&emc=rss

...For the last several weeks, Mr. Olbermann and the network have been
in negotiations to end his successful run on MSNBC, according to
executives involved in the talks who requested anonymity because the
talks were confidential. The deal was completed on Friday, and Mr.
Olbermann made the announcement on his final “Countdown” hours later.

Friday’s separation agreement between MSNBC and Mr. Olbermann includes
restrictions on when he can next lead a television show and when he
can give interviews about the decision to end his association with the
news channel.

The executives involved in the discussions confirmed that the deal
carries limitations for Mr. Olbermann in terms of when he can next
work on television, though he will be able to take a job in radio or
on any forum on the Internet. The deal also prohibits the host from
commenting publicly on the deal, the executives confirmed. ...

As to Comcast's involvement or claimed lack thereof, see the article.

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