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Sources confirm to THR that the studio is wrapping up a deal to end the litigation, which is being handled by a private arbitrator. Sheen and Warners and Lorre brought claims against each other stemming from Sheen’s abrupt dismissal from the Lorre-produced sitcom in the wake of his bizarre behavior in the spring.
Under the terms of the settlement, sources tell THR that Sheen will get an undisclosed lump sum payment in the millions of dollars from Warners. Lorre will pay nothing. Sheen in return will drop all of his legal claims.
A Warners spokesman said the studio has no comment. Word of the settlement first emerged from the LA Times, which puts the dollar amount at $25 million. Our sources say that pricetag is high, but since Warner Bros. has been withholding Sheen’s profit participation on Men from all seasons (even the work he did before he went ballistic on the studio), the amount of the settlement will likely include the reinstatement of that revenue stream, which is significant. Sheen was making $1.2 million per episode when he was fired.
Sheen has been on a mea culpa tour in recent weeks. He has done several interviews promoting tonight’s Comedy Central roast in which he has backtracked on the incendiary comments he made about Warner Bros. and Lorre. Then on Sunday’s Emmys telecast he appeared and offered an apology of sorts to his former cast and studio for his behavior, wishing them the best on the rebooted Men with Ashton Kutcher in the lead role.
After leaving Men, Sheen embarked on a nationwide tour then began plotting his return to television. He is at the center of a plan to remake the film Anger Management as a series with producer Joe Roth, writer Bruce Helford and distributor Debmar-Mercury. A network has not yet been secured for that show.
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