ABC News Forks Over $15 Million to Trump: When ‘Oops’ Costs a Fortune

Ralf Liebhold / shutterstock.com
Ralf Liebhold / shutterstock.com

In a turn of events that could make even the most seasoned news anchor break into a sweat, ABC News has agreed to a $15 million settlement with President-elect Donald Trump. The reason? A slip of the tongue by none other than George Stephanopoulos, who inaccurately stated that Trump had been found liable for ‘rape’ in the E. Jean Carroll case. Let’s unpack this media misstep and its implications.

During a March 10 interview on ‘This Week,’ Stephanopoulos, while questioning Representative Nancy Mace, asserted that Trump had been found liable for rape—a statement that was, to put it mildly, incorrect. In reality, a Manhattan jury had found Trump liable for sexual abuse and defamation, not rape, in the civil lawsuit brought by Carroll. This distinction, though nuanced, carries significant legal weight.

Trump, never one to let such an error slide, filed a defamation lawsuit against ABC News and Stephanopoulos. The lawsuit contended that the erroneous statement was ‘false, intentional, malicious, and designed to cause harm.’ Fast forward to December, and ABC News, perhaps eager to avoid a protracted legal battle and the accompanying media circus, settled the lawsuit. The terms? A $15 million contribution to Trump’s future presidential library, an additional $1 million to cover his legal fees, and a public apology expressing regret for the misstatement.

Now, let’s pause and consider the broader implications. In an era where ‘fake news’ has become a ubiquitous rallying cry, this incident underscores the paramount importance of accuracy in journalism. A single misstatement can lead to substantial financial repercussions and, more critically, erode public trust in the media.

For conservative Americans, this settlement might be seen as a rare instance of accountability in mainstream media—a sector often perceived as biased. The fact that a major news network like ABC is willing to settle for such a hefty sum could be interpreted as an acknowledgment of the gravity of their error.

However, this situation also raises concerns about the potential chilling effect on journalistic freedom. Will news organizations become overly cautious, fearing litigation over inadvertent mistakes? The balance between holding the media accountable and preserving the freedom of the press is delicate.

It’s worth noting that this isn’t the first time Trump has taken legal action against media outlets. His track record with defamation suits is mixed, with notable losses, such as the $475 million defamation lawsuit against CNN that was dismissed in 2022.

As for George Stephanopoulos, reports suggest that Disney, ABC’s parent company, has renewed his contract but with a pay cut from his previous $20 million annual salary. This decision appears to be a compromise, allowing the network to retain a prominent figure while addressing the fallout from the incident.

In conclusion, the $15 million settlement between ABC News and Donald Trump serves as a stark reminder of the high stakes in today’s media landscape. For conservative viewers, it may reinforce the belief that mainstream media outlets can, and should, be held accountable for their inaccuracies. For the media, it’s a cautionary tale about the importance of precision in reporting—because, as this case demonstrates, even a small error can lead to a very expensive ‘oops.’