Netflix and AMC Global Media agree on a new five-year, $500 million licensing arrangement for The Walking Dead franchise, covering the original series and all of its spinoffs. Multiple outlets report the deal begins in 2027 and applies to international streaming territories, including countries such as the U.K. and Australia. Under the terms described as co-exclusive, Netflix continues to stream the series globally while AMC+ also gains the right to carry the shows, starting next year. The Los Angeles Times reports that Netflix’s arrangement is no longer exclusive in the U.S., where exclusivity changes under the new pact.
The reporting also states the deal covers 371 episodes of the original series plus six spinoffs, including Fear the Walking Dead and individual titles such as Daryl Dixon and Dead City. Sources describe the agreement as an extension/renewal of Netflix’s long-running rights, with AMC Global Media leadership characterizing the outcome as a strategic fit. Overall, the coverage aligns on the key terms: the $500 million value, the five-year term, the 2027 rollout, co-exclusivity with AMC+, and inclusion of the full franchise slate.
