This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 10 °C Wednesday 19 February, 2020
Advertisement

Walking Dead creator says he's owed millions of dollars

Frank Darabont says he hasn’t seen a penny in profits.

One of the show's 'walkers' from season 3.
One of the show's 'walkers' from season 3.
Image: AP

THE CREATOR OF The Walking Dead is suing AMC over what he claims is an effort to deny him tens of millions of dollars in profit from the hit drama.

Oscar-nominated writer-director Frank Darabont (The Shawshank Redemption, ‘The Green Mile) and the Creative Arts Agency filed the lawsuit in New York this week.

Their suit claims that despite four seasons of “unprecedented programming success and profitability” for the defendants, Darabont hasn’t received any profits for developing the series.

AMC has declined to comment on the suit, which also alleges that Darabont was fired as producer without cause.

He developed The Walking Dead from Robert Kirkman’s comic book series about zombies.

The lawsuit alleges that AMC decided to produce the series in-house and paid itself a deliberately low license fee to air it, engaging in what the suit labels “the improper and abusive practice of ‘self-dealing.’”

The sole goal of this sham transaction is to enhance the profits of the parent company by minimizing the revenues that go into the ‘pool’ of funds for the show’s profit participants.

The suit reflects others filed by creators of successful TV shows, including “Will & Grace.”

When a studio licenses a show to be aired by an affiliated network or cable channel, the fee can fail to reflect fair market value and diminish payments to creators and others, such lawsuits argue.

Darabont’s legal action follows his clouded exit from The Walking Dead early in its second season and critical public comments he has made about AMC.

His suit claims that a formal agreement called for him to be paid as if the series were produced by an unaffiliated studio engaging in “true arm’s length negotiations over license fees.”

As of December 2012, two years after the show debuted, AMC’s participation statements show The Walking Dead had a $49 million deficit to overcome before Darabont or CAA would see “their first dollar of profits.”

“AMC’s sham imputed license fee formula is clearly designed to ensure plaintiffs never see that first dollar,” the suit contends.

Watch: Honest trailers takes on The Walking Dead>

Who’s the Irish woman in the news series of The Walking Dead?

  • Share on Facebook
  • Email this article
  •  

About the author:

Associated Press

Read next:

COMMENTS