A wonderful time with some pink slime between a young girl and her mom went south when the girl revealed a little secret. "I'm pooping in my pants," the girl says, all nonchalant. Well, at least the slime was fun. Hey, we've all been there. Read more... More about Funny, Parenting, Kids, Viral Videos, and Bathroom
After years of demanding queso, Chipotle customers are overwhelmingly unhappy with the final result. STOCK PRICE FOR CMG Full price information The beef company involved in the $5.7 billion 'pink slime' case is launching a fund for ex-workers...Show More Summary
LIBEL SEEMS TO BE MAKING A MODEST COMEBACK: ABC’s ‘Pink Slime’ Report Tied to $177 Million in Settlement Costs.
ABC News, a Disney unit, settled a defamation case with Beef Products Inc. this summer related to reports in 2012 over its low-cost processed beef trimmings.
It’s likely the most ever paid in a media defamation case.
This summer, ABC News made what's probably the largest payout ever of its kind, to settle a defamation lawsuit over 'pink slime.' No, that's not referring to Hulk Hogan, but there is a worrisome connection between this gargantuan media lawsuit and the one backed by Peter Thiel against Gawker, which silenced the publication. (more…)
Thought to be largest amount paid by a media company in a defamation suit.
Remember “pink slime?” This is the pejorative name given to “mechanically tenderized finely textured beef” an ingredient added to meat products. Its maker, Beef Products, Inc, sued ABC for defamation. Disney, which owns ABC, settled the case out of court in June—for $177 million according to Business Insider. Disney paid Beef Products Inc. (BPI) $177 million […]
THERE’S A LOT OF MONEY IN THAT PINK SLIME: Disney pays at least $177 million to settle ‘pink slime’ case. Real news about fake news: 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 […]
Please call it "lean finely textured beef."
Four years after Beef Products Inc. (BPI) filed a defamation lawsuit against ABC News for smearing its lean finely textured beef (LFTB) as “pink slime,” the two have reached a settlement. The $1.9 billion case against ABC News finally went before the jury June 5, 2017 and was settled June 28. Show More Summary
"We have concluded that continued litigation of this case is not in the Company’s interests."
June 28 (Reuters) - Beef Products Inc has settled a closely watched defamation lawsuit against American Broadcasting Co and its reporter Jim Avila, the meat processor said on Wednesday. Read moreBlogs | Comments
The network did not apologize or retract its reports, which questioned the safety of a common meat product.
No word on the terms, but the network did not issue a retraction.
ABC News and Beef Products Inc. reached a settlement in a $5.7 billion lawsuit that claimed a story ABC ran in 2012 misled viewers and caused hundreds of layoffs. McDonald's shoots down fears it is planning to replace cashiers with kiosks...Show More Summary
ABC News says it has reached a settlement with a South Dakota meat producer in a lawsuit over a 2012 report that referred to the company's beef products as "pink slime". “ABC has reached an amicable resolution of its dispute with the makers of ‘lean finely textured beef,'" said the network's news division in a statement Wednesday. Show More Summary
ABC News has reached a settlement with a South Dakota meat producer that filed a $1.9-billion lawsuit against the network over its reports on the company's lean, finely textured beef product that critics dubbed “pink slime,” the TV network said Wednesday. ABC spokeswoman Julie Townsend said in...
BREAKING: “ABC: Settlement reached in ‘pink slime’ defamation lawsuit.” These are indeed tough times for legacy media. Between CNN’s multiple woes, The New York Times’ having to correct an Op/Ed and other events, media entities are more fearful than ever of facing a jury. That’s what happens when you lose public trust.
The U.S. Department of Agriculture revoked an exemption that allowed Dakota Dunes-based beef processor Beef Products to skip routine safety testing.