President-elect Donald Trump's defamation suit against ABC was formally dismissed on Monday after both parties reached a $15 million settlement agreement.

ABC News and George Stephanopoulos agreed to settle with President-elect Donald Trump in regards to his defamation suit against the news network.

Disney CEO Bob Iger approved the settlement — acting on the recommendation of the company’s top lawyer, Horacio Gutierrez, Wall Street Journal said.

The news broadcaster and George Stephanopoulos will publicly apologize to Trump and donate $15 million to a future presidential foundation The post ABC News’ Trump Settlement ‘An Awful Precedent’ in ‘Bending the Knee,’ Media Pundits Say appeared first on TheWrap.

The use of the word rape by ABC News anchor George Stephanopoulos cost the network millions in a settlement with Donald Trump.

ABC News’ George Stephanopoulos did not reference his network’s $15 million settlement with President-elect Donald Trump over comments he made on-air.

Disney's $15 million settlement over a defamation lawsuit may have signaled a new era for the entertainment behemoth under a second Trump term.

On the eve of a jury trial in June 2017, Disney settled a defamation lawsuit brought by a beef company for a whopping $177 million. The case stemmed from a series of ABC News reports in 2012 fronted by star anchor Diane Sawyer that dubbed the processed meat "pink slime.

ABC News host George Stephanopoulos remained tight-lipped on one of the top news stories over the weekend. Stephanopoulos did not

ABC News and George Stephanopoulos reached a settlement with Donald Trump in a defamation lawsuit, it was made public on Saturday.

The “Good Morning America” host faced speculation about his future after the network settled the defamation lawsuit generated by his “rape” comment.

The news organization and anchor will donate $15 million to presidential foundation and pay $1 million of the president-elect's attorney fees