ABC defamation case News

Walt Disney Co. paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC network by Beef Products Inc., a quarterly financial report shows. Privately-held BPI sued American Broadcasting Company (ABC) …

Beef Products Inc. has settled its defamation and libel lawsuit against American Broadcasting Co. and its reporter Jim Avila, the meat processor said on Wednesday. BPI had claimed ABC, a unit of Walt Disney Co., and Avila defamed the company …