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Charlie Sheen & Warner Bros TV To Settle Lawsuit
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).
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Wow…talk about severance pay…
This isn’t severance pay. This is simply what they contractually already owed him for the last season. This is a win for WB TV. Not a win for Sheen — his silly 100M lawsuit wasn’t going anywhere in reality.
Note the words “initial Payment”. Word is that the actual settlement over time will exceed $100 million. This was about ensuring that he gets the residuals and royalty payments in the future.If he didn’t sue it is likely they would have shut him out claiming that he breached his contract and they didn’t have to include him anymore.
Didn’t Conan O’Brien get $40 mil (including $12mil for his staff) ?
I think when Charlie Sheen said “I’d have fired me too” Marty Singer must have had a heart attack/stroke & called WB to settle.
Marty is actually a very good man (one of the few attorneys I’ve had lunch with and enjoyed) so kudos to Marty for resolving a difficult situation.
Agreed on the Marty kudos.
Say what you will about all of the parties in this case, they all had baggage and bad blood but Sheen was such a mess that six months ago we all thought he might drop dead. The real winner here is Marty Singer who continues to stand out as the most powerful force in Hollywood Litigation. No one else could have navigated both the legality and public nature of this case like Marty, especially when his client did him no favors by the way he ran around the country like a lunatic for the last six months. Charlie walks away with a multi million dollar severance package and a return share of syndication revenue that will pay him many millions of dollars more over time. I’m sure he spent some coin to get here, but Charlie has Marty to thank for getting him out of an impossible situation.
i agree, all the parties had baggage, but the main thing was that Charlie didn’t really breach his contract, he was a mess outside work, but from my sources on the set he did his job. Lorre wanted this done ASAP he didn’t want the dirty laundry to come out.
I think Charlie is the winner, if they could prove breach he wouldn’t have gotten a penny.
I think you meant “Hollywood legal representation,” not “Hollywood Litigation.”
It’s ironic that nothing much gets litigated in Hollywood (except murders), since what goes on in a courtroom is nothing but “show biz”: drama, suspense, story arcs, comic relief, and sometimes a musical number (when the fat lady sings).
I don’t think Marty Singer had anything to do with it except lend his name to the drama and get paid.
Sheen had a contract with a guarantee. Hopefully, any attorney who just passed the bar would have gotten the same deal.
I think the studio was the entity pulling the strings. It is ALWAYS the party with the money that is pulling the strings.
Chicken chicken SHEEN dinner!
So…basically he got what he was entitled to in the first place. No “new money”/the money he was looking to receive for the seasons he will miss for being “wrongfully terminated”?
Correct. Still, both sides will skew the settlement to their advantage.
WINNING!
no, wait…
SETTLING!
I see noted as $25 million settlement – which is a good pull for Charlie. My sources heard it ar $32, but, like with Casey Anthony’s tricks, we’ll never know. Will be interesting to see how far the ratings dip tonight – season premier’s historically, seasonally, usually peak the charts with sustaned , core following begins to cement at Show#2. Ahhh, TV Land.
The
Who is to say the ratings will dip? I too am curious what will happen but I won’t project in case I am wrong and then it would be in public.
I expect ratings to drop quite a bit next week and enormously after week 4. They need to give them a new neighbor instead of Rose that adds to the mix.
I am glad to hear they were able to settle. Hopefully Charlie can now clean up his act for good!!
In my opinion – they settled at the contract value – no more or less.
The contract value consists of the guaranteed payments per episode.
Just take it, call it a day and move onwards. That’s a hell of a lot of money for doing TV work, an amount we may never ever see in our own lifetimes. Glad it’s all settled and over with.
I have new found respect for Charlie Sheen. He didn’t turn into a greedy guy and want more. He just settled for what was fair (no more, no less), and the drama is over with. Good job on both parties.
We have to give him credit for that or whomever convinced him since a lot of greedy people out there would have done the stupid and immoral thing and asked for more than they deserve. Then they might backfire and end up with next to nothing. So, this is very smart. His agent and/or lawyer deserve a pat on the back for being smart. Now they can go on to making more money in other ventures.
I don’t think Sheen’s owed much credit. Marty does. Sheen wouldn’t have gotten much more than the $25M. Also, need to consider Marty’s fee.
As I said before Charlie Sheen will get money from this, but the biggest accomplishment from this mistake was that he cleaned up his life, no more drugs, no excessive drinking, back with his ex wife, no more porn skanks, and he’s much more calm and healthy now than before. Things happen for a reason….he’s on a new clean path now, which is what he needed…after this settlement, he has a new show in the works, kicked bad habits that destroyed his life:),hopefully all the bad energy is behind him forever….it looks like he won to me in more ways than just money! Good luck Charlie on your new path and new show. Think of this as a new beginning! God bless!
Sheen = Loser. He gets to keep his profit participation, which is what Warner froze when he sued them. Gets nada for the salary for the unproduced episodes on the remainder of his contract (this full season and the remainder of last). I’m thinking that the mediator or his lawyers or both told him he didn’t have a warlock’s chance in hell of winning.
I wouldn’t be surprised if whatever the figure turns out to be, it represents not just the frozen profits owed but a complete buy-out of Sheen’s piece of the show. In exchange for their not leaking any more of the details of the idiocy that got him fired in the first place. It’s not as if Sheen hasn’t gotten a series of huge checks from the show’s several years time in syndication already.
The real figure of the settlement is Zero Dollars and Zero Cents –Warner paying him absolutely nothing that he wasn’t owed before the day he was fired. Charlie got what he deserved all along — a parting, only semi-private parting shot of “Go the fuck away and don’t let the door hit you in the ass on the way out.”
This is why you never pull the thread….because the whole sweater falls apart. And we saw that tonight. Charlie Sheen was the show. He pulled every character together. Now there is no story and no reason for any of them to be together. Jon Cryer is working his ass off trying to make it work but its not funny. V.O.’s for the maid? These are brilliant characters who can’t be funny anymore because the oaf in the room can’t act so they have to make him naive and stupid which is ridiculous.
Still, the settlement was about WB and Lorre Productions paying him what he was contractually OWED, not punitive damages over being fired or severance pay. Whatever the public thinks of Sheen, he was rightfully owed this money (and possibly more) as a result of contracts that all parties previously entered into.
Of course, Sheen likely walked away from multiple amounts of this settlement when he chose to publically rail against his producers and co-stars, but he has no one to blame for that but himself. WB and Lorre were only enriching their attorneys by taking it this far by not honoring their part of the agreement.
I hate to see anyone under such demons, and the public follows like its a fun new series. I doubt anyone will trust Charlie with a show, yea he is talking about a new one but has it landed anywhere yet? Will it?? I doubt it. All good talk. Charlie has enough not to work, I suggest he concentrate on living the best life he can, raise his children, they need structure and do good. Anyone rushing him to TV don’t care about his life.
Hello he will have a new show soon and we will be many to watch it.
You don’t know his personal life, wake up..he can work and taking care of his children..these self-righteous lectures about how he should live his life are getting old, you don’t know the guy so take care of you.
As for the settlement : good for him, time to move on and start a new chapter; movies, new show ect..
sheen is nothing but a spoon fed spoiled brat.
go show your kids how to snort charlie.