Dang! Instead of fighting for our right to refer to a pink, slimy foodish product as what it literally is, ABC has settled with Beef Products, Inc. No one has disclosed the terms of the settlement that brought an end to BPI’s $1.9-billion defamation lawsuit, but apparently the terms let each corporate combatant continue to claim it was right and the other side was wrong:
In a statement Wednesday morning, ABC said: “ABC has reached an amicable resolution of its dispute with the makers of ‘lean finely textured beef.’ Throughout this case, we have maintained that our reports accurately presented the facts and views of knowledgeable people about this product. Although we have concluded that continued litigation of this case is not in the Company’s interests, we remain committed to the vigorous pursuit of truth and the consumer’s right to know about the products they purchase.”
“While this has not been an easy road to travel, it was necessary to begin rectifying the harm we suffered as a result of what we believed to be biased and baseless reporting in 2012,” BPI said in its own statement [Jeremy Barr, “ABC News Reaches Settlement in ‘Pink Slime’ Case,” Hollywood Reporter, 2017.06.28].
I think the corporate lawyers just got sick of working from trailers on Main Street in quiet Elk Point. Too bad—another few weeks of courtroom wrangling would have meant even more sales for Los Amigos and Ollie’s.