President-elect Donald Trump's defamation suit against ABC was formally dismissed on Monday after both parties reached a $15 million settlement agreement.

The “Good Morning America” host faced speculation about his future after the network settled the defamation lawsuit generated by his “rape” comment.

Disney CEO Bob Iger approved the settlement — acting on the recommendation of the company’s top lawyer, Horacio Gutierrez, Wall Street Journal said.

In an interview with Rep. Nancy Mace (R–S.C.) on ABC's This Week last March, host George Stephanopoulos repeatedly and inaccurately asserted that Donald

The use of the word rape by ABC News anchor George Stephanopoulos cost the network millions in a settlement with Donald Trump.

ABC News’ George Stephanopoulos did not reference his network’s $15 million settlement with President-elect Donald Trump over comments he made on-air.

The news organization and anchor will donate $15 million to presidential foundation and pay $1 million of the president-elect's attorney fees

For many years, Donald Trump repeatedly threatened to sue ... Trump sued ABC News after George Stephanopoulos, the co-host of ABC’s “Good Morning America,” said in a March interview on ...

ABC News and George Stephanopoulos reached a settlement with Donald Trump in a defamation lawsuit, it was made public on Saturday.

George Stephanopoulos is famously meticulous. He does not slip up. He used to arrive each day at 2:30 a.m. for Good Morning America, the show he has co-hosted for the past 15 years, so that “his face could settle” before going on air at 7 a.

MSNBC host Symone Sanders-Townsend said that ABC News paying the settlement “feels like it has a real chilling effect.”

George Stephanopolous and ABC News have reached a new multi-year deal that will keep the longtime anchor on the broadcaster for the near future. The news comes amid fallout over the $15 million settlement ABC reached with President-elect Donald Trump over the weekend.