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Image: AMC Networks In paperwork filed by AMC with the SEC, the cable network declared that they paid $200 million to the Shawshank Redemption director and the uber agency to settle the legal matter. The Settlement Agreement provides for a cash payment of $200 million (the Settlement Payment ) to the plaintiffs and future revenue sharing related to certain future streaming exhibitions of The Walking Dead and Fear The Walking Dead , read the filing. With regard to the Settlement Payment, the Company has taken a charge of approximately $143 million in the quarter ended June 30, 2021, in consideration for the extinguishment of Plaintiffs rights to any compensation in connection with The Walking Dead and any related programs and the dismissal of the actions with prejudice, which amount is net of approximately $57 million of ordinary course accrued participations, the declaration continued. The Settlement Agreement also includes customary provisions included in such agre ....
The Walking Dead Former Showrunner Gets $200M in Settlement From Profits Fight TV CAA and the show s former showrunner Frank Darabont sued AMC in 2013 over profits from the hit TV show after Darabont was fired from the show in its second season, before they filed another lawsuit against the network in 2018. Jul 17, 2021 AceShowbiz - The long-running legal battle over Frank Darabont s profits from The Walking Dead has finally been settled. On Friday, July 16, it was revealed that AMC has to pay out $200M to the former showrunner and his agency, CAA. The Settlement Agreement provides for a cash payment of $200 million (the Settlement Payment ) to the plaintiffs and future revenue sharing related to certain future streaming exhibition of The Walking Dead and ....
Feb. 15—HANFORD — The Hanford City Council is scheduled to meet Tuesday and is set to reject a claim that Community Development Director Darlene Mata made against the city. Mata was seeking a settlement payment of $1.25 million from the city, as well as conflicts of interest and council member roles/responsibilities training for all council members, after alleging former council member Art . ....