Olbermann Settles Lawsuit against Current TV

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It looks like Keith Olbermann's lawsuit against Current TV has been settled in a back room deal.

The Hollywood Reporter says that Olbermann has resolved the $50 million legal dispute with Current TV over his firing from the network. 

A settlement is said to have been reached during a private mediation session in San Francisco on Tuesday. Terms of the deal will not be disclosed. Olbermann and Current, who sued each other in April 2012 over his dismissal from the liberal-leaning network, are expected to file court documents soon dismissing the case.

Calls to reps for Current and Olbermann were not immediately returned.