According to the agreement, ABC News will pay $15 million as a charitable contribution to “a Presidential Fund and Museum to be established by or for Plaintiff as established by past Presidents of the United States of America.”
The network also agreed to pay $1 million for Trump’s legal fees.
Under the agreement, the network will publish an editor’s note at the bottom of its online article about the story dated March 10, 2024.
It will read: “ABC News and George Stephanopoulos regret statements about President Donald Trump made during George Stephanopoulos’ interview with Representative Nancy Mays on ABC’s This Week program on March 10, 2024.”
A spokesperson for ABC News said in a statement that the company is “pleased that the parties have reached an agreement to dismiss the lawsuit on the terms filed in court.”
In 2023, a New York civil court convicted Trump of sexually assaulting E. Jean Carroll in a department store dressing room in 1996. He was also found guilty of libel against a magazine columnist.
Judge Lewis Kaplan said the jury concluded that Ms. Carroll failed to prove that Trump raped her “within the narrow, technical meaning of a particular section of the New York Penal Code.”
Judge Kaplan noted that the definition of rape was “significantly narrower” than how rape is defined in common modern parlance, in some dictionaries and in criminal statutes elsewhere.
In a separate case, also presided over by the same judge, a jury ordered Trump to pay Ms. Carroll $83.3 million for additional defamatory statements.