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Deal Report: Nov. 11, 2011

Charlie Sheen sells a sitcom to FX, ”Days of Our Lives” launches first gay story line, and more

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As part of a plan to feature the first-ever gay story line on Days of Our Lives, the character of Will Horton (Chandler Massey) will come out over the next few weeks. ”We are excited to tell the inspiring story of a young man learning who he is as he defines and creates his relationships with others,” coexecutive producer Greg Meng tells EW exclusively.

FX has acquired Anger Management, a sitcom starring Charlie Sheen that is loosely based on Peter Segal‘s 2003 movie of the same name.

Fox is bringing back early-’90s sketch-comedy series In Living Color with two midseason specials hosted and produced by Keenen Ivory Wayans.

Madonna, Jay-Z, Amy Poehler, and Sofia Vergara are among dozens of celebrities involved in a YouTube initiative that plans to launch nearly 100 original-content online channels next year. Also signed up to create programming: Lionsgate, Slate, and Reuters.