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'Happy Days' Lawsuit: CBS, Cast Settle Over Royalties

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The cast of
The cast of "Happy Days" and CBS have settled their lawsuit.

The cast of "Happy Days" and CBS have come to a settlement over a royalties lawsuit. According to The Hollywood Reporter, CBS and the cast reached an out-of-court settlement with just 10 days to go before trial was scheduled to begin.

The lawsuit was over licensing and merchandising revenue. Members of the "Happy Days" cast were suing over breach of contract and fraud, among other charges. Each of the four original "Happy Days" stars -- Marion Ross, Anson Williams, Don Most, Erin Moran and the late Tom Bosley's wife, Patricia -- were to get about $65,000 out of the settlement, THR reports. As part of the settlement the cast will also get future royalties. "Happy Days" stars Ron Howard and Henry Winkler were not involved in the suit.

The lawsuit, which was filed in April 2011, originally asked for $10 million, according to CNN.

In a statement, CBS said they "never refused to pay the members of the 'Happy Days' cast any of the money they are owed under their contracts, and we'll continue to honor those obligations."

"We have settled our lawsuit with CBS and Paramount," Jon Pfeiffer, the attorney for the "Happy Days" actors, said in a statement. "The terms of the settlement are confidential, but we are satisfied with the outcome. We will continue to receive all of the merchandising royalties promised to us in our contracts."

For more on the lawsuit, click over to CNN.

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