I don't agree.

and then rushes a video out

I don't think this felt rushed. I think, as he said in the video, this has been brewing for months, and it felt thought through and thorough.

Steve opted to not do the proper thing and provide the accused party the opportunity to respond

I think if it was one mistake they would have done exactly that. But as it's been a consistent trend over months or even years of sloppiness and mistakes and rushed videos, you can't just have a word with someone and fix that overnight. I think publishing the video and their thoughts, and rallying the community to raise awareness and force them to improve, is the right move.