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Variety reports that a settlement is imminent in the battle between Mike Myers and Universal Pictures over the botched Dieter film. Myers — who was to receive $20 million for taking his popular Saturday Night Live character to the big screen — backed out citing problems with the script. Universal and Imagine slapped the Austin Powers star with a lawsuit, leading Myers to retaliate with a lawsuit of his own.

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Variety reports that a settlement is imminent in the battle between Mike Myers and Universal Pictures over the botched Dieter film. Myers — who was to receive $20 million for taking his popular Saturday Night Live character to the big screen — backed out citing problems with the script. Universal and Imagine slapped the Austin Powers star with a lawsuit, leading Myers to retaliate with a lawsuit of his own.