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A close friend of Philip Seymour Hoffman has settled a libel lawsuit against The National Enquirer by creating a playwriting foundation to be initially funded by the tabloid.
In a one-page ad on Wednesday in The New York Times, The Enquirer said it “responsibly acknowledged its error” for a story that purported to be an exclusive interview with David Bar Katz.
The Enquirer also apologised to Katz, a playwright who discovered Hoffman's body.
The actor died of an apparent heroin overdose February 2.
The Times reported on the settlement and said the ad was part of the agreement.
The American Playwriting Foundation will award $45 000 yearly for an unproduced play that embodies Hoffman's “passion for truth.”
Katz's lawyer told the Times the amount won't be disclosed. - Sapa-AP