Netflix Pays AMC Global Media $500 Million for Co-Exclusive Rights to 371 Walking Dead Episodes
AMC Global Media and Netflix announced a five-year licensing agreement on July 30, 2026, covering seven Walking Dead series and 371 episodes at a total contract value of $500 million, paid in quarterly installments. AMC retains its own global streaming rights throughout the deal, meaning the content will appear simultaneously on both Netflix and AMC+, not in an exclusive Netflix window. Due to the extended payment schedule, AMC estimates recognized revenue at approximately $445 million in present-value terms, with annual cash receipts of roughly $100 million expected in each of 2027 through 2030.