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AMC Will Pay $120 Million To Settle A Dispute With The Walking Dead Creator
AMC will pay $120 million, including $85 million this month, to resolve claims over profit participation rights for The Walking Dead franchise.
On Tuesday, AMC Global Media announced a $120 million settlement with The Walking Dead creator Robert Kirkman and producers Glen Mazzara, David Alpert, Charles Eglee, and Gale Anne Hurd, resolving a 2022 breach of contract lawsuit.
The conflict centered on how AMC calculated 'modified adjusted gross receipts,' which plaintiffs argued shortchanged them despite the series generating billions, mirroring a 2021 dispute with former showrunner Frank Darabont.
Under the deal, AMC will pay $85 million this month and $35 million by January 31, 2027, avoiding a federal trial scheduled to begin in October.
This settlement reduces AMC's expected cash flow for the year from $220 million to $150 million, while producers retain a stake in the franchise's future revenue streams.
Pending litigation from Fear the Walking Dead co-creator Dave Erickson remains unresolved, even as AMC continues capitalizing on the franchise's streaming value.