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Disney’s Settlement With Donald Trump: Bob Iger’s $16 Million Decision, Fear at ABC News and Questions About George Stephanopoulos’ Future
George Stephanopoulos' future at ABC News is in question after the network settled with Donald Trump.
And inside Disney’s C-suites on the Burbank lot, there was a feeling of déjà vu thanks to a looming defamation lawsuit filed in March by former and incoming President Donald Trump, a far more powerful and strident adversary than a South Dakota food processor. When Stephanopoulos started to float the idea in 2020 that he might leave ABC as his four-year contract was about to expire, Iger directly helped steer the negotiations to keep him in the fold — giving the anchor a new lucrative deal that also allowed him to produce documentaries for Hulu such as “Pretty Baby.” Disney, which reported $88 billion in global revenue in 2023, didn’t want to start off 2025 in a protracted fight with Trump, who could have continually trashed the company’s movies, TV shows, amusement parks and merchandise to the 77 million Americans who voted for him from his perch of the highest office in the land.
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