Market
ABC News to face legal action over press freedom concerns by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Court filings, legal announcements, credible news reports
Story
Disney CEO Bob Iger Settles Trump's Defamation Lawsuit Against ABC News for $16 Million Amid Internal Backlash
Dec 18, 2024, 02:53 PM
Disney has settled a defamation lawsuit filed by President-elect Donald Trump against ABC News for a total of $16 million. The settlement, authorized by Disney CEO Bob Iger, includes $15 million to be paid to a presidential foundation and museum, and an additional $1 million to cover Trump's legal fees. The lawsuit stemmed from comments made by ABC News anchor George Stephanopoulos, who falsely claimed on air that Trump had been found liable for rape. The settlement has sparked an internal backlash at ABC News, with concerns about its impact on press freedoms and the future of Stephanopoulos at the network. Disney's decision was influenced by fears that a prolonged legal battle could damage protections for the press and harm the company's brand.
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Similar markets
Yes • 50%
No • 50%
Defamation lawsuit • 25%
Intellectual property lawsuit • 25%
Employment-related lawsuit • 25%
Other type of lawsuit • 25%
CNN • 25%
Other • 25%
MSNBC • 25%
Fox News • 25%
5 or more new lawsuits • 25%
No new lawsuits • 25%
3-4 new lawsuits • 25%
1-2 new lawsuits • 25%
Increased settlements in similar cases • 25%
Other impact • 25%
Stronger media protections advocated • 25%
No significant change • 25%
CNN • 25%
ABC News • 25%
MSNBC • 25%
Fox News • 25%