The Hollywood Reporter. Kirkman was due 5%, Hurd 7.5%, Alpert, 2.5%, and Mazzara, who was showrunner for a couple of seasons, 1.5% of profits.
The basis of the suit is the same argument used by series co-creator Frank Darabont, who was fired after the first season and is asking for $280 million in damages (see "'Walking Dead' Lawsuit Asks for Eye-Popping Number"). The argument is that because AMC owns both the production network and the network, it has artificially depressed the price the network pays to the production entity, effectively moving the profits to the network, while the shares are paid at the production entity level.
The difference is huge. In his suit, Darabont is arguing that the $2.4 million the network is paying for each episode is fraction of the $30 million per episode the show would bring if priced as a third-party transaction.
The dispute is especially risky, as Kirkman, Hurd, and Alpert are all still working on the show, which everyone involved wants to continue to generate ratings and profits. AMC released a statement to THR that displays mixed feelings in full array. "We have enormous respect and appreciation for these plaintiffs, and we will continue to work with them as partners, even as we vigorously defend against this baseless and predictably opportunistic lawsuit."
The lawsuit explains why Kirkman has moved the rest of his IP away from AMC to Amazon Studios in a deal announced last week (see "Robert Kirkman Leaves AMC").
Alleging They're Being Cheated
Posted by Milton Griepp on August 15, 2017 @ 6:07 am CT
'House of the Dragon' S2, 'Furiosa: A Mad Max Saga,' 'Godzilla X Kong,' 'The Boys' S4, and 'Suicide Squad ISEKAI' Trailers; 'Sandman' Back in Production; New 'The Boys' Spinoff; RIP Marty Krofft
December 4, 2023
The holiday season is turning frosty, but the showbiz news in heating up. Time for a round-up!
New 'TMNT,' New Manga, and the Return of 'The Mysteries'
December 1, 2023
Two new manga volumes topped the chart, a new TMNT graphic novel debuts in the Top 20, and The Mysteries sticks around for a second month.
Publisher Teams Up with SpectreVision for Comics Focusing on the Paranormal
December 1, 2023
Oni Press will partner with the production company SpectreVision to produce comics with an uncanny vibe.