Disney pays â¹1100 cr after ABC called firm's beef pink slime
Walt Disney paid $177 million (â¹1,100 crore), along with insurance recoveries, to settle the "pink slime" defamation case against its ABC network by Beef Products Inc. The company had sued ABC for $5.7 billion for characterising its beef product as "pink slime", claiming this nearly put it out of business. Notably, while reporting, ABC's journalist said "pink slime" 137 times.