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AMC Global Media Inc. entered into a settlement agreement on September 4, 2026, resolving breach of contract claims…
AMCXAMC Global Media Inc.
AMC Global Media Inc. entered into a settlement agreement on September 4, 2026, resolving breach of contract claims filed in 2022 by Robert Kirkman, Glen Mazzara, Gale Anne Hurd, and related entities regarding The Walking Dead and Fear The Walking Dead. The total consideration is $120 million, comprising an $85 million cash payment due by September 18, 2026, and a $35 million advance against future Modified Adjusted Gross Receipts participation payable by January 31, 2027. The company recorded an approximately $85 million charge in the quarter ending September 30, 2026. Consequently, full-year 2026 free cash flow guidance was lowered from $220 million to $150 million, though adjusted operating income and revenue outlooks remain unchanged. AMC Global Media Inc. operates in the entertainment industry, producing and distributing television content.