Allen was suing Amazon earlier this year when Amazon ended his contract with them without them ever releasing "A Rainy Day in New York," a film that he had completed. The company said their reason for ending the contract was because he had breached the deal for 4 movies by making "insensitive" remarks about the #MeToo movement. Allen's daughter Dylan had accused him of molesting her when she was a girl, and Allen has denied the allegations. Claiming Amazon knew about the controversy when they both entered into the contract, and the company owed him millions.
The terms of the agreement have not been disclosed.