AMC Global Media settles its breach-of-contract lawsuit tied to “The Walking Dead” profit participation, agreeing to pay a total of $120 million to creator Robert Kirkman and other franchise producers. The Hollywood Reporter says AMC will pay $85 million this month and $35 million next year.

The settlement resolves claims stemming from a lawsuit filed in 2022. Deadline reports the dispute was set to go to trial in October, but the parties reach a settlement agreement instead. According to the terms described by the sources, the later payment next year is treated as an advance against the parties’ profit participation. The outlets characterize the resolution as a settlement of the breach-of-contract case, without indicating that either side’s underlying legal position is fully adopted in a court ruling.