Netflix has entered into a multi-year global licensing agreement with AMC Global Media, valued at $500 million, to secure streaming rights for "The Walking Dead" franchise. This agreement covers the original "The Walking Dead" series and its six spinoffs, totaling 371 episodes.
The deal will transition the streaming rights to a co-exclusive model with AMC+ starting in 2027. Prior to this, Netflix held exclusive U.S. streaming rights for "The Walking Dead" since 2011.
Under the new agreement, Netflix will extend its streaming rights beyond the U.S. to include international territories such as the UK, Italy, Australia, and New Zealand. This expansion aims to make the franchise more accessible to a global audience.
Concurrently, AMC+ will gain the right to stream the main "The Walking Dead" series for the first time, as Netflix previously held exclusive rights to the show.
The comprehensive deal encompasses all seven series within "The Walking Dead" universe: "The Walking Dead," "Fear the Walking Dead," "The Walking Dead: Daryl Dixon," "Dead City," "The Ones Who Live," "World Beyond," and "Tales of The Walking Dead."
The $500 million licensing fee is noted as one of the more expensive television licensing deals in recent years, reflecting the continued value of established content for streaming platforms.
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Netflix has signed a multi-year global licensing agreement with AMC Global Media for $500 million, granting it co-exclusive streaming rights to "The Walking Dead" and its six spin-offs. This deal expands the franchise's availability to new international markets and provides Netflix with established content to drive viewer engagement.
Netflix paid $500 million to extend its streaming rights for "The Walking Dead" and its six spinoffs, sharing access with AMC+ starting in 2027. This five-year licensing deal also grants Netflix international streaming rights in territories like the UK, Italy, and Australia, while AMC+ gains rights to the main show for the first time.