Tensions have escalated between cable network AMC and the CAA agency in what is now being called a “war” over the hit AMC zombie show “The Walking Dead.”
The Hollywood Reporter’s THR, Esq., reports that the companies are fighting over $280 million in profits from the show.
“AMC informed the agency on Monday that it will no longer pay package fees — a common (and lucrative) industry practice in which an agency forfeits its standard 10 percent commission in exchange for an upfront payment and backend compensation,” THR reports. “The show’s co-creator Frank Darabont sued in 2013, alleging AMC made a sweetheart deal licensing the show to itself in order to run a deficit so he and CAA ‘never see that first dollar’ of profit participation.”
The report quotes CAA’s attorney Chad Fitzgerald saying: “AMC obviously remains unhappy that Frank Darabont and CAA have not given an inch, are still aggressively pursuing their meritorious claims against AMC regarding profits on ‘The Walking Dead’ and other causes of action in the litigation, and have seen consistent success before the Court to date.”
Fitzgerald characterized the latest move by AMC as an effort to litigate the conflict outside of court. He added: “Mr. Darabont and CAA look forward to vindicating their rights at trial.”