You will be redirected back to your article in seconds

Price and ABC settle after four years

News corp issues final public apology

After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close.

In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, “I live in a 25-room mansion, I have my own $6-million yacht, I have my own private jet and I have my own helicopter and I have seven luxury automobiles.” In the context of the sermon from which the clip was taken, it was clear that Price was not referring to himself. The seg aired on both “20/20” and “Good Morning America.”

The network admitted the mistake at the time, issuing corrections on-air and online. Stossel explained that he had not seen the full sermon and apologized to Price and the church. “We apologize if we misled you,” Stossel told viewers.

Now, as a result of an out-of-court settlement between Price and ABC, the Alphabet’s news division has issued a final, strongly-worded apology.

“ABC News apologizes for any harm caused to you as a result of its broadcast of a video clip that ABC News stated was of you speaking about yourself when in fact you were talking about a hypothetical person,” senior v.p. Kerry Smith said in a statement to Price. “ABC News regrets that it did not conduct sufficient investigation of the clip after receiving it to establish its correct context. By presenting the footage out of context, ABC News misled its audience and failed to meet its own standards, which ABC deeply regrets.”

More TV

  • Jack Black Gus Van Sant movie

    ABC Developing Small Town Serial Killer Comedy With Jack Black Producing

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • No Merchandising. Editorial Use Only. No

    High-End Italian TV Shows 'Django,' 'Devils' Set to Fly With Sky Italia (EXCLUSIVE)

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • Roy Price Amazon Studios

    Roy Price Resigns From Amazon Studios

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • Lena HeadeyHBO's 'Game Of Thrones' Season

    'Game of Thrones' Star Lena Headey Says Harvey Weinstein Sexually Harassed Her

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • HBO Adds Foreign-Language Dramas to U.S.

    International Newswire: HBO Adds Foreign-Language Dramas to U.S. Service

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • Bob Weinstein

    Bob Weinstein Accused of Sexual Harassment by TV Showrunner

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

  • CBS Names Participants for the 2017-2018

    CBS Names Participants for its 2017-2018 Writers Mentoring Program

    After years of litigation, a dispute between ABC News and Frederick K. C. Price of Los Angeles religious org Crenshaw Christian Center has come to a close. In 2007, then-correspondent John Stossel reported that Price had used money given to the nonprofit Center for luxury items, and played as support a clip of Price saying, […]

More From Our Brands

Access exclusive content