The Walking Dead Co-Creator Frank Darabont s AMC Lawsuit Has Been Settled, And It s One Hell Of A Payday
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AMC Reaches $200M Settlement With Frank Darabont Over The Walking Dead Profits
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AMC Networks Reaches $200 Million Settlement in The Walking Dead Profit Participation Lawsuit
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AMC Networks has reached a $200 million settlement deal with Frank Darabont and CAA in the long-running profit participation lawsuit over “The Walking Dead.”
The deal calls for AMC Networks to pay Darabont and CAA a total of $200 million. They will continue to receive a share of future profits from streaming deals tied to “The Walking Dead” and spinoff “Fear the Walking Dead.” But for all other “Walking Dead”-related content, the settlement buys out the plaintiffs’ rights.
More from Variety
AMC Networks disclosed the settlement in a Securities and Exchange Commission filing on Friday. Representatives for Darabont and CAA declined to comment. AMC Networks did not elaborate beyond the SEC filing. AMC had to disclose the payment because it will essentially wipe out the company’s free cash flow for 2021, a big chang