Former Tory Party treasurer Lord McAlpine was not at London's High Court to hear solicitors for the BBC and ITV offer unreserved apologies for the damage and distress caused by the mis-reporting.
His lawyers confirmed that the agreements involved the payment of £185,000 damages by the BBC and £125,000 from ITV, together with very substantial costs.
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Michael Jace faces a sentence of 40 years to life in prison for shooting dead his wife in front of their children.
The 33-year-old British actress will assume the lead role in Mary Poppins Returns, due for release in 2018.
On Wednesday, a coroner will decide whether to open a full inquest into the 1974 Birmingham pub bombings which killed 21 people.