It’s official: Warner Bros TV and Charlie Sheen have settled their legal dispute stemming from Sheen’s $100 million lawsuit against the studio and Two and a Half Men executive producer Chuck Lorre over the actor’s March firing from the show. Here is the official statement:
“Warner Bros. Television, Chuck Lorre and Charlie Sheen have resolved their dispute to the parties’ mutual satisfaction. The pending lawsuit and arbitration will be dismissed as to all parties. The parties have agreed to maintain confidentiality over the terms of the settlement.”
Financial details on the settlement were not released, but sources indicate that the initial payment to Sheen would be in the previously floated range of $25 million. Because Sheen had not been paid following his termination, the settlement amount is said to primarily cover backend participation owed to him. Additionally, with the 8 seasons of Two and a Half Men starring Sheen continuing their syndication run, he is expected to continue to receive payments — though the total will likely not reach the $100 million he was seeking in the lawsuit for wrongful termination. The settlement comes as Sheen’s new sitcom, Anger Management, is being taken out by Lionsgate TV to potential buyers (see Charlie Sheen Cleans Up His Act Ahead Of Taking New Series To Buyers).