AMC Global Media Settles Lawuit With ‘Walking Dead’s Robert Kirkman, Producers
Key Points:
- AMC Global Networks has agreed to a $120 million settlement with Robert Kirkman and other producers over a 2022 breach of contract lawsuit related to The Walking Dead franchise.
- The settlement includes an $85 million cash payment due by September 18, 2024, and a $35 million payment by January 31, 2027, which will be treated as an advance against future earnings from the franchise.
- Plaintiffs, including Glen Mazzara, David Alpert, Gale Anne Hurd, and Charles Eglee, will continue to receive participation payments, offset by the advance, under modified contractual terms.
- AMC will record a one-time $85 million charge in the September quarter as part of the settlement, which follows a prior $200 million payout related to similar litigation with former showrunner Frank Darabont.
- The legal dispute was allowed to proceed by a federal judge who ruled against AMC’s motion to dismiss, citing fairness in compensation relative to previous settlements involving the franchise.