In essence, the chairman of General Electric (which owns MSNBC), Jeffrey Immelt, and the chairman of News Corporation (which owns Fox News), Rupert Murdoch, were brought into a room at a "summit meeting" for CEOs in May, where Charlie Rose tried to engineer an end to the "feud" between MSNBC's Keith Olbermann and Fox's Bill O'Reilly. According to the NYT, both CEOs agreed that the dispute was bad for the interests of the corporate parents, and thus agreed to order their news employees to cease attacking each other's news organizations and employees.

Though Olbermann denies he was part of any deal, the NYT says that there has been virtually no criticism of Fox by Olbermman, or MSNBC by O'Reilly, since June 1 when the deal took effect. That's mostly but not entirely true. On June 17, after President Obama accused Fox News of fomenting hostility towards his agenda, and Fox responded by saying that the "other networks" were pure pro-Obama outlets, Olbermann did voice fairly stinging criticisms of Fox as "more of a political entity than is the Republican National Committee right now, only it's fraudulently disguised as some sort of news organization."


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So here we have yet another example -- perhaps the most glaring yet -- of the corporations that own our largest media outlets controlling and censoring the content of their news organizations based on the unrelated interests of the parent corporation.
http://www.commondreams.org/view/2009/08/02-4

Keith Olbermann is covering this live right now. Before he cut to commercial, he used the words Billo the Clown. He said there's NO TRUCE!

He confirmed it when he returned from the break. No TRUCE and then he mocked Billo the Clown in his next segment. The NY Times article was a weak attempt to stir excitement.

Then he raked Murdoch over the coals in the next segment. Today's worst person in the world. How dare he try to control what's said on Countdown Olbermann said.

So, that settles that. There was no truce and it was all basically a bunch of hot air in which Murdoch may have been behind it to maybe scare Olbermann to shut up about Billo the Clown. Tonight, Olbermann put all of this to rest by slamming all of them. Olbermann is the man!!!

So we will now see how long Mister Olbermann can stand up to his boss.

This is gonna be good.

I wish this keeps going, it makes for entertaining TV, something that has been missing for several years. O'Reilly hates NBC because of his own views, Olbermann hates Fox because of his own experience being with Fox.

Olbermann hates Fox because of his own experience being with Fox.