‘The Walking Dead’ Franchise to Stream on Both Netflix and AMC+ Beginning in 2027 Under New $500 Million Deal
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- AMC Global Media and Netflix signed a five-year, $500 million co-exclusive global licensing deal for The Walking Dead franchise, with licenses beginning in 2027 as existing agreements expire.
- The deal covers 371 episodes across the original series and all six spinoffs: "Fear the Walking Dead," "Daryl Dixon," "Dead City," "The Ones Who Live," "World Beyond," and "Tales of The Walking Dead."
- AMC+ will stream the original Walking Dead for the first time ever under the agreement, with AMC Global Media CEO Kristin Dolan targeting an "early next year" launch for the flagship show.
- Netflix has held exclusive U.S. streaming rights since 2011 and will extend the franchise to the U.K., Italy, Australia, and New Zealand; Netflix VP of Licensing Lori Conkling said the renewal brings "the entirety of The Walking Dead Universe to Netflix."
- Existing streaming licenses dictate the rollout timeline — each series' Netflix window opens on a different date in each territory once current rights in that market expire, per AMC.
Why it matters: AMC+ finally streams the original Walking Dead for the first time, while Netflix — the franchise's U.S. home since 2011 — cedes exclusivity to keep all 371 episodes flowing into the U.K., Italy, Australia, and New Zealand. The five-year, $500M co-exclusive deal locks both platforms into the full Walking Dead Universe through 2032.
