Charlie Sheen and Time Warner Inc. (TWX)’s Warner Bros. reached a confidential settlement of a lawsuit the actor brought over his firing from the comedy “Two and a Half Men” earlier this year, according to the studio.
“Warner Bros. Television, Chuck Lorre and Charlie Sheen have resolved their dispute to the parties’ mutual satisfaction,” the company said yesterday in an e-mailed statement, without disclosing any terms. “The pending lawsuit and arbitration will be dismissed as to all parties.”
The Los Angeles Times reported on Sept. 19 that the parties were close to an agreement under which Sheen would receive about $25 million.
Sheen had accused Warner Bros. and Lorre, the show’s creator, of breach of contract and retaliation, among other claims, in a complaint filed in March. Sheen, who starred in 177 episodes of the show, had sought $100 million in damages. The show returned on CBS this month with Ashton Kutcher in place of Sheen and drew its largest-ever audience.
Sheen’s lawyer, Marty Singer, declined to comment beyond saying that the matter has been settled to the parties' mutual satisfaction.
The case is Sheen v. Lorre, SC111794, California Superior Court (Santa Monica).