AMC Settles Walking Dead Lawsuit Over Producers Profit Participation
The Hollywood Reporter • • entertainment
Key Points:
- AMC Global Media has settled a lawsuit brought by Walking Dead creator Robert Kirkman and other producers regarding profit participation rights for the original series and its spinoff, Fear the Walking Dead.
- The settlement totals $120 million, with $85 million paid immediately and $35 million scheduled for next year, the latter also serving as an advance on future profit participation.
- The lawsuit, filed in 2022, followed a previous $200 million settlement in 2021 involving Frank Darabont and CAA over similar profit disputes related to the franchise.
- The dispute centered on how AMC calculates and distributes profits from the franchise, which remains AMC’s most successful property, recently securing a $500 million streaming deal with Netflix.
- Both parties expressed satisfaction with the amicable resolution and anticipate continued collaboration and success with The Walking Dead franchise.
