ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit
ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E
NEW YORK — ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll.
As part of the settlement made public Saturday, ABC News posted an editor's note to its website expressing regret over Stephanopoulos' statements during a March 10 segment on his “This Week” program. The network will also pay $1 million in legal fees to the law firm of Trump’s attorney, Alejandro Brito.
The settlement agreement describes ABC's presidential library payment as a “charitable contribution," with the money earmarked for a non-profit organization that is being established in connection with the yet-to-be built library.
“We are pleased that the parties have reached an agreement to dismiss the lawsuit on the terms in the court filing,” ABC News spokesperson Jeannie Kedas said.
A Trump spokesperson declined comment.
The settlement agreement was signed Friday, the same day a Florida federal judge ordered Trump and Stephanopoulos to sit for separate depositions in the case next week. The settlement means that sworn testimony is no longer required.
The agreement bore Trump’s bold, distinct signature and an electronic signature with the initials GRS in a space for Stephanopoulos’ name. Debra OConnell, the president of ABC News Group and Disney Entertainment Networks, also e-signed the agreement.
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