Market
What will be the next major legal challenge ABC News faces by the end of 2025?
2
Resolution / Starting Odds
Defamation lawsuit • 25%
Employment-related lawsuit • 25%
Intellectual property lawsuit • 25%
Other type of lawsuit • 25%
Public legal records or announcements of new lawsuits against ABC News
Story
ABC News Settles Trump Defamation Lawsuit for $15 Million Plus $1 Million in Legal Fees Amid Internal Backlash
Dec 18, 2024, 06:10 PM
ABC News has agreed to pay $15 million to settle a defamation lawsuit filed by former President Donald Trump. The lawsuit arose from a false statement made by anchor George Stephanopoulos, who incorrectly claimed that Trump was civilly liable for raping writer E. Jean Carroll. The settlement, which includes an additional $1 million to cover Trump's legal fees, has sparked internal backlash within ABC and raised concerns about its implications for press freedom. Reports indicate that the decision to settle was influenced by fears of a costly legal battle and potential repercussions from a Florida jury or the Supreme Court. Following the settlement, there are speculations about Stephanopoulos's future at ABC News, with some sources suggesting he may leave the network in 2025. However, recent reports confirm that he has signed a new multi-year contract with ABC News amidst the fallout from the lawsuit.
View original story
Similar markets
No • 50%
Yes • 50%
International legal dispute • 25%
Supreme Court case • 25%
Impeachment proceedings • 25%
Congressional investigation • 25%
Other impact • 25%
Increased settlements in similar cases • 25%
No significant change • 25%
Stronger media protections advocated • 25%
MSNBC • 25%
ABC News • 25%
CNN • 25%
Fox News • 25%
MSNBC • 25%
Other • 25%
CBS • 25%
Fox News • 25%
Defamation Lawsuit • 25%
Other Legal Action • 25%
No Major Legal Action • 25%
Settlement Agreement • 25%
5 or more new lawsuits • 25%
1-2 new lawsuits • 25%
3-4 new lawsuits • 25%
No new lawsuits • 25%
Fox News • 25%
CNN • 25%
MSNBC • 25%
Other • 25%
Court rulings • 25%
Settlement negotiations • 25%
Deposition details • 25%
Public statements • 25%