Netflix and AMC signed a multi-year licensing agreement worth $500 million to stream The Walking Dead and its six spin-offs globally beginning in 2027 [1, 2, 3]. The deal includes 371 episodes spanning the original series and all spin-offs, delivering extensive access to fans worldwide [1, 2, 3].

The original The Walking Dead series, which premiered on AMC on October 31, 2010, ran for 177 episodes over 11 seasons [1]. The spin-offs covered in the deal are Fear the Walking Dead, The Walking Dead: Daryl Dixon, Dead City, The Ones Who Live, World Beyond, and Tales of The Walking Dead [1, 2, 3]. The Walking Dead: Daryl Dixon will air its fourth and final season in 2027 [1, 2].

The new agreement expands streaming into new territories like the U.K., Italy, Australia, and New Zealand [1, 2, 3]. Netflix has been the exclusive U.S. streaming home since 2011, but the deal makes the rights co-exclusive with AMC+ in the U.S. [1, 2, 3]. AMC+ will stream The Walking Dead original series for the first time under this deal [1, 2, 3].

Netflix VP of licensing Lori Conkling said, "Audiences have discovered and loved The Walking Dead on Netflix for nearly 15 years and the show continues to attract new fans" [1]. Kristin Dolan, CEO of AMC Global Media, said, "This deal creates a global destination for this universe – all shows, all episodes – making the franchise more accessible than ever to fans around the world" [3].

The $500 million deal ranks among the most expensive recent TV licensing agreements, surpassing HBO Max's $425 million payment for Friends rights in 2020 [2, 3].

Netflix and AMC Global Media announced the deal on July 30, 2026 [2]. Netflix will begin streaming the entire Walking Dead franchise globally under the new agreement in 2027 [1, 2, 3].