Thursday
April
24
2014
5:03 pm
Weather
  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

’Walking Dead’ creator sues AMC over profits
December 19, 2013, 05:00 AM The Associated Press

LOS ANGELES — 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 Creative Arts Agency filed suit Tuesday in New York Supreme Court against defendants including AMC Network Entertainment LLC.

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 declined Wednesday 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 alleges.

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.

 

 

Tags: darabont, dead, walking, series, license, profits,


Other stories from today:

’Walking Dead’ creator sues AMC over profits
2013 brought surprises, good and bad, to viewers
Aguilera, Gaga duet as ‘The Voice’ crowns a champ
 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
Do you support a land swap between the city of San Carlos and the elementary school district so the Charter Learning Center could be built on North Crestview?

Yes
No
Not sure

 

 
Tabbed Structure - Regular
 
 
 
 
 
Light showers, possible hail arriving tonight
Bay Area residents should expect rainy weather to arrive tonight and continue through the weekend, b..
Israel halts peace talks with Palestinians
JERUSALEM — Israel broke off Mideast peace talks and brought the U.S.-brokered process to the brin..
Paul McCartney to close Candlestick Park with farewell concert in August
Music legend Paul McCartney will perform the final concert at San Francisco's soon-to-be-demolished ..
FDA proposes first regulations for e-cigarettes
WASHINGTON — The federal government wants to ban sales of electronic cigarettes to minors and requ..
Man, 84, arrested for shooting at Daly City medical facility
Police in Daly City have arrested an 84-year-old man in connection with a shooting at a medical cent..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County advertising