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As per Deadline, Franco and Musk – who appear on Heard’s witness list – have been dragged into the case after Depp accused them of having affairs with his ex-wife.
The entertainment website TMZ, citing sources with direct knowledge, said the settlement calls for the 36-year-old Heard to pay $1 million to her 59-year-old former husband.
Depp sued Heard for $50m (£40.1m) for allegedly implying he abused her in a 2018 Washington Post op-ed. Although she didn’t name him, he claimed that the article impacted his ability to work.
According to a source close to producers, the rumours about Heard had been swirling even ‘before the divorce drama started, it’s just a different tune now’.
Heard's legal team submitted the appeal notice to the Virginia Court of Appeals seeking to overturn a lower court's June 1 ruling.
This latest trial stems from a complaint filed in 2019 by Depp, who alleges Heard defamed him in an op-ed she wrote for The Washington Post in 2018.
The high-profile and much-talked about Johnny Depp and Amber Heard courtroom drama looks to be over by now after days of hype and hoopla. The entire world that included media and fans followed the case very closely with great trepidation. It looked like a climax of any Hollywood movie.
Hollywood actor Johnny Depp, known for his commendable performances in films, by playing characters that stand out of the ordinary, lost his libel case to ex-wife Amber Heard.
She told the court how she would face “different versions” of Mr. Depp and that it was a “juggling act” over which version she would get.
A friend of Heard said: "She's bilingual in Spanish and is happy there, raising her daughter away from all the noise."