AMC Global Media to pay $120 million to settle Walking Dead breach-of-contract suit
AMC Global Media agreed on September 4, 2026 to settle breach-of-contract claims brought by Walking Dead creators and rights holders, with total consideration of $120 million. The company now expects 2026 free cash flow of about $150 million, down from the about $220 million it indicated on July 30, 2026, while its revenue and adjusted operating income outlook is unchanged.
Key points
- Total settlement consideration is $120 million: $85 million cash due by September 18, 2026, and $35 million due by January 31, 2027.
- The company expects a charge of about $85 million in the quarter ending September 30, 2026.
- 2026 free cash flow outlook falls to about $150 million from about $220 million; excluding the one-time items, guidance is unchanged.
- The trial had been scheduled to begin October 27, 2026; the case is being dismissed with prejudice.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.