AMC Global Media reaches a $120 million settlement with The Walking Dead creator Robert Kirkman and several franchise producers, ending a long-running breach-of-contract/profit-participation dispute. Multiple outlets report the agreement closes remaining litigation tied to unpaid show profits and avoids a federal trial that was scheduled for October.

The settlement amount is consistently described as $120 million, with one outlet specifying payment timing: $85 million is paid this month and $35 million next year. The money is reported to be treated as an advance against the producers’ profit participation. Sources also describe the legal timeline differently, with some noting a 2022 filing and others characterizing the broader dispute as spanning roughly nine or more years.

Outlet coverage frames the resolution as the near end of the lawsuit era, while at least one report indicates not all matters may be fully closed. The parties named across sources include Kirkman and producers such as Gale Anne Hurd, David Alpert, Charles Eglee, and Glen Mazzara, though coverage varies on the emphasis placed on which claims are fully resolved versus any remaining case(s).