Disney pays at least $177m to settle BPI defamation case

Reuters reports that 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) in 2012 for $5.7 billion, saying it and reporter Jim Avila had defamed the company by using the “pink slime” tag, and making errors and omissions in a series of reports that year. Read more..