UPDATE, 10:17 AM: Having reached a confidential settlement today in their multimillion-dollar lawsuit over profits from NCIS: LA, CBS and NCIS creator Don Bellisario released a joint statement Friday:

“We’re pleased to settle this lawsuit on amicable terms and put this dispute to rest,” said David Stapf, President, CBS Television Studios. “Although we differed in opinion on this matter, our admiration, appreciation and respect for Mr. Bellisario has never wavered throughout. We consider him one of the best creative talents of his time and a valued member of the CBS family, whose shows, both past and present, have played an important role in CBS’s success.” Don Bellisario added, “I am also pleased that we were able to amicably resolve the lawsuit short of a trial.  I am gratified that CBS has recognized my contributions in creating JAG and NCIS.”

PREVIOUSLY, 10:08 AM: CBS Studios and Don Bellisario have come to a settlement in the producer’s multimillion-dollar lawsuit against the network for profits from NCIS: Los Angeles, Deadline has confirmed. The parties were scheduled to go to trial January 25. No details of the deal are known. Despite having made more than $116 million from his CBS shows over the years, the JAG and NCIS creator sued CBS in April 2011 over breach of contract and the covenant of good faith for profits from NCIS: LA. The legal battle revolved around conflicting definitions of what constitutes a “spinoff,” what kind of spinoff NCIS: LA is and which one of the three agreements the producer had with the studio is the basis for the dispute. Bellisario was let go from NCIS in 2007 after star Mark Harmon threatened to quit. In August of last year, lawyers for Bellisario revealed the 77-year-old producer had been diagnosed with hydrocephalus earlier in the summer. The condition can cause disorientation and memory loss. Suffering from those symptoms, the former producer had an operation August 17. The two sides met in front of LA Superior Court judge Gregory Alarcon in mid-December to hammer out a new trial date for the case. The trial was originally supposed to start January 14.

Deadline's Dominic Patten - tip him here.