‘The Walking Dead’ Franchise to Stream on Both Netflix and AMC+ Beginning in 2027 Under New $500 Million Deal


AMC Global Media reported its second-quarter 2026 earnings Thursday, on the heels of announcing a $500 million co-exclusive streaming deal with Netflix for “The Walking Dead.” Streaming revenue for the second quarter, which ran March-May, increased 6% year over year to $180 million. ad sales were down 11% at $109 million, with AMC noting that figure included “the one-time impact of a now resolved system integration issue in the second quarter” and excluding that impact, “advertising revenue declined in the mid- single digit percent area.” AMC has updated its full-year revenue forecast to $2.4-$2.5 billion based on the expected impact of the new “The Walking Dead” licensing agreement with Netflix.
Reported by 2 outlets — Variety. See all sources ↓
AMC Global Media agreed to a $500 million deal with Netflix. Starting in 2027, the original 'The Walking Dead' and its six spinoffs will stream on both Netflix and AMC+. The agreement lasts five years and covers 371 episodes, with each series beginning at a different time.
Why it matters
Fans will have more ways to watch the popular zombie series, making it easier to find and binge. The deal also shows how streaming platforms are competing for big TV libraries.
- What is the total value of the new deal?
- The deal is worth $500 million.
- When will the shows start streaming on Netflix and AMC+?
- They will begin in 2027, with each series starting on a different date.
- How many episodes are included in the agreement?
- The agreement includes 371 episodes from the original show and its six spinoffs.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
Both Variety articles present the same facts about the streaming deal and the earnings report, without differing emphasis or tone.
- Coverage card1 outlet1CoverageScouting report
AMC Global Media Streaming Revenue Rises 6% in Q2, U.S. Ad Sales Down 11%
Sources1TypeCoverageVariety