Walking Dead Prods Strike $120M Settlement After Legal Showdown

After a nine-year battle over profits from The Walking Dead, five producers—Robert Kirkman, Gale Anne Hurd, David Alpert, Charles Eglee, and Glen Mazzara—reached a $120 million settlement with AMC, avoiding a federal trial; AMC will pay $85 million now and $35 million by January 31, 2027, and the move reduces its 2026 cash flow outlook from $220 million to $150 million. The dispute centered on how profits were calculated via 'modified adjusted gross receipts' and invoked a most-favored-nation clause, following earlier settlements with Frank Darabont and CAA; arbitration over Fear the Walking Dead spin-offs remains unresolved.