CNN faced $100M lawsuit over botched Russia story

[truth_seeker]

CNN faced $100M lawsuit over botched Russia story

By Emily Smith   June 27, 2017 | 8:25pm |

The specter of a $100 million libel suit scared CNN into retracting a poorly reported story that slimed an ally of President Trump’s — and forcing out the staffers responsible for it, The Post has learned.

The cable network’s coverage of Trump transition team member Anthony Scaramucci came amid federal scrutiny of corporate parent Time Warner’s pending purchase by AT&T — and the widespread belief among media execs that CNN President Jeff Zucker can’t survive a merger.

CNN immediately caved after Scaramucci, a financier and frequent network guest, cried foul and threatened to take legal action, sources said Tuesday.

Scaramucci got an unusual public apology but still hired a top Manhattan lawyer to put further pressure on CNN and “look after [his] interests in this matter,” one source said.

Sources also said the three journalists responsible for the retracted story — reporter Tom Frank, editor Eric Lichtblau and Lex Haris, who headed the CNN Investigates unit — were urged to resign.

snip -- interesting story about reality

http://nypost.com/2017/06/27/cnn-staffers-didnt-resign-over-retracted-story-they-got-fired/

[DCPatriot]

What was the $$$ amount Mr. Scaramucci accepted as part of the settlement?

CNN's buying out the 3 employment contracts in exchange for signed resignations...plus a public apology...and that's enough for Scaramucci to drop the suit?

Come on, man.   

[truth_seeker]

What was the $$$ amount Mr. Scaramucci accepted as part of the settlement?

CNN's buying out the 3 employment contracts in exchange for signed resignations...plus a public apology...and that's enough for Scaramucci to drop the suit?

Come on, man.

The entire article covers ATT merger etc. IOW more than 3 CNN hacks.