{"id":3710,"date":"2021-07-18T18:57:25","date_gmt":"2021-07-18T22:57:25","guid":{"rendered":"https:\/\/cinemadailyus.com\/?p=3710"},"modified":"2023-12-12T03:29:23","modified_gmt":"2023-12-12T08:29:23","slug":"amc-settles-for-200-million-with-frank-darabont-over-the-walking-dead","status":"publish","type":"post","link":"https:\/\/cinemadailyus.com\/?p=3710","title":{"rendered":"AMC Settles for $200 Million with Frank Darabont over \u2018The Walking Dead\u2019"},"content":{"rendered":"

The Walking Dead<\/em> <\/strong>and its franchise properties are monumentally popular, and there are some who want in on the profits. At the head of the pack is Frank Darabont, who originally developed the series and was fired during production on season two.<\/p>\n

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With CAA, he sued AMC in 2013, and was later joined by fellow producers like Gale Anne Hurd for a claim that has finally yielded a massive payout. According to The Wrap<\/a>, after a previous attempt in 2018 to get the suit thrown out, AMC has now agreed to a $200 million settlement.<\/p>\n

The company\u2019s SEC filing reads: \u201cThe Settlement Agreement provides for a cash payment of $200 million (the \u201cSettlement Payment\u201d) to the plaintiffs and future revenue sharing related to certain future streaming exhibition of \u2018The Walking Dead<\/strong>\u2019 and \u2018Fear The Walking Dea<\/strong>d.\u2019 The Company has taken a charge of approximately $143 million in the quarter ended June 30, 2021 in consideration for the extinguishment of Plaintiffs\u2019 rights to any compensation in connection with \u2018The Walking Dead\u2019<\/strong> 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 Settlement Agreement also includes customary provisions included in such agreements, including providing for mutual releases, covenants not to sue, waivers, confidentiality, non-disparagement and indemnification for third party claims.<\/p>\n

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\u201d<\/p>\n

The Walking Dead<\/em><\/strong> is based on the Robert Kirkman comic and first premiered on AMC on October 31st<\/sup>, 2010. The show has enjoyed a massive following, and will finally come to an end next year following the premiere of its eleventh and final season this August.<\/p>\n

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Two spin-offs, Fear the Walking Dead<\/em> <\/strong>and The Walking Dead: World Beyond<\/em>,<\/strong> have been positively received, and there are three movies and two spinoffs still in the works beyond that, indicating a long and surely prosperous future for this undead franchise.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Walking Dead and its franchise properties are monumentally popular, and there are some who want in on the profits. At the head of the pack is Frank Darabont, who originally developed the series and was fired during production on season two. buy rybelsus online https:\/\/www.sip.sal.edu.in\/wp-content\/uploads\/2022\/08\/png\/rybelsus.html no prescription pharmacy With CAA, he sued AMC in…<\/p>\n","protected":false},"author":5,"featured_media":3711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32],"tags":[2764,2772,2773,2774,2768,2765,2770,2771,2767,2766,2769],"acf":[],"yoast_head":"\nAMC Settles for $200 Million with Frank Darabont over \u2018The Walking Dead\u2019 | Cinema Daily US<\/title>\n<meta name=\"description\" content=\"AMC has settled a lawsuit with Frank Darabont and CAA over profits from the show he developed, The Walking Dead.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cinemadailyus.com\/?p=3710\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMC Settles for $200 Million with Frank Darabont over \u2018The Walking Dead\u2019 | Cinema Daily US\" \/>\n<meta property=\"og:description\" content=\"AMC has settled a lawsuit with Frank Darabont and CAA over profits from the show he developed, The Walking Dead.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cinemadailyus.com\/?p=3710\" \/>\n<meta property=\"og:site_name\" content=\"Cinema Daily US\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-18T22:57:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-12T08:29:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cinemadailyus.com\/wp-content\/uploads\/2021\/07\/walking-dead.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Abe Friedtanzer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/movieswithabe\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abe Friedtanzer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cinemadailyus.com\/?p=3710\",\"url\":\"https:\/\/cinemadailyus.com\/?p=3710\",\"name\":\"AMC Settles for $200 Million with Frank Darabont over \u2018The Walking Dead\u2019 | Cinema Daily US\",\"isPartOf\":{\"@id\":\"https:\/\/cinemadailyus.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cinemadailyus.com\/?p=3710#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cinemadailyus.com\/?p=3710#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cinemadailyus.com\/wp-content\/uploads\/2021\/07\/walking-dead.jpg\",\"datePublished\":\"2021-07-18T22:57:25+00:00\",\"dateModified\":\"2023-12-12T08:29:23+00:00\",\"author\":{\"@id\":\"https:\/\/cinemadailyus.com\/#\/schema\/person\/6d4d1be5055fa0a21c6be5ee2b54ae10\"},\"description\":\"AMC has settled a lawsuit with Frank Darabont and CAA over profits from the show he developed, The Walking Dead.\",\"breadcrumb\":{\"@id\":\"https:\/\/cinemadailyus.com\/?p=3710#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cinemadailyus.com\/?p=3710\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cinemadailyus.com\/?p=3710#primaryimage\",\"url\":\"https:\/\/cinemadailyus.com\/wp-content\/uploads\/2021\/07\/walking-dead.jpg\",\"contentUrl\":\"https:\/\/cinemadailyus.com\/wp-content\/uploads\/2021\/07\/walking-dead.jpg\",\"width\":800,\"height\":533,\"caption\":\"Norman Reedus as Daryl Dixon - 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