*At a news conference Tuesday Keith Olbermann confirmed that he will host a new nightly primetime news and commentary show on Current TV.

The network did not say when the show would begin, except “later in 2011.” It’s believed the start date is vague because Olbermann is believed to have a non-compete clause in his exit agreement with MSNBC that keeps him off of television for several months.

“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. “In Current Media, Al Gore and Joel Hyatt have created the model truth-seeking entity.  The opportunity to partner with Al, Joel and Mark Rosenthal makes this the most exciting venture in my career.”