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|    alt.disney    |    Putting Walt on a giant fucking pedestal    |    2,118 messages    |
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|    Message 918 of 2,118    |
|    Nancy NAMBLA Pelosi to All    |
|    ABC's 'pink slime' settlement likely cos    |
|    18 Aug 17 07:16:46    |
      XPost: alt.politics.media, sac.politics, alt.fan.states.south-dakota       XPost: alt.fan.rush-limbaugh       From: sf.nancy@mail.house.gov              The Walt Disney Co. (DIS) likely paid $177 million toward a       settlement with Beef Products Inc., the South Dakota-based meat       processing company that filed suit against ABC News over its       2012 coverage of a processed meat byproduct dubbed “pink slime,”       according to a quarterly filing Tuesday.              However, the full financials terms of the settlement were likely       much larger. A Beef Products spokesman confirmed to FOX Business       that “$177 million was not the total settlement amount.”              Disney, which owns ABC News, did not specifically link the $177       million payment to the settlement it reached with BPI last June.              The filing identified the charge as a cost “incurred in       connection with the settlement of litigation,” minus the portion       of the settlement covered by insurance.              Disney representatives did not immediately respond to a request       for comment.              BPI filed a $1.9 billion defamation lawsuit against the       television network in 2012, alleging that ABC News reporter Jim       Avila’s coverage of its use of a product known as “lean finely-       textured beef” led customers to believe it was dangerous to       consume. The meat processor said the “pink slime” controversy       led directly to the closure of three plants and layoffs of about       700 employees, the Associated Press reported.              Both BPI and Disney declined in June to reveal the settlement’s       financial terms because they are confidential. However, a BPI       spokesman told FOX Business at the time that company officials       were “extraordinarily pleased” with the settlement.              “While this has not been an easy road to travel, it was       necessary to begin rectifying the harm we suffered as a result       of what we believed to be biased and baseless reporting in       2012,” BPI said in a statement. “This agreement provides us with       a strong foundation on which to grow the business, while       allowing us to remain focused on achieving the vision of the       Roth and BPI family.”              ABC News never retracted its reporting on the so-called “pink       slime” product, which can still be accessed on its website. None       of its employees that participated in the report were       disciplined for their role in the story.              http://www.foxbusiness.com/markets/2017/08/09/abcs-pink-slime-       settlement-likely-cost-disney-177m.html              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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