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Under a new licensing agreement, Netflix will be streaming “The Walking Dead” franchise globally.

Netflix and AMC Global Media, the network that originally aired the zombie series, inked a new five-year co-streaming deal, according to a press release on Thursday. Both companies will be able to show the original “The Walking Dead” series and its six spinoffs on Netflix and AMC+. The deal is valued at $500 million, AMC Global Media said in its second-quarter earnings report.

“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. In addition, the co-exclusive agreement allows us to bring the original series to AMC+ for the first time early next year,” Kristin Dolan, the company’s chief executive, said in a statement. “This agreement is a fantastic result for our companies, for the fans and for this timeless IP.”

AMC Global Media is renting the franchise, not selling it. The five-year licenses run separately for each show, with start dates that vary based on territory and the expiration of existing streaming deals. The rights to “The Walking Dead” revert to AMC Global Media when the term ends.

The company also keeps global rights to run the “Walking Dead” universe on its own services throughout. Dolan told investors the agreement would supply what she called “a meaningful source of cash flow for years to come,” framing it as evidence that the company’s library still commands premium prices even as its cable business shrinks.

The agreement will extend the franchise’s reach on Netflix in places like the U.K., Italy, Australia and New Zealand — making episodes available beginning in 2027.

“The Walking Dead” premiered on the AMC network in 2010, introducing audiences to the high-stakes world of a zombie apocalypse. In 2011, the series began streaming exclusively on Netflix in the U.S. The show aired for 11 seasons and became one of AMC’s most influential shows. Other popular programs from the network include “Mad Men” and “Breaking Bad.”

“Audiences have discovered and loved ‘The Walking Dead’ on Netflix for nearly 15 years and the show continues to attract new fans,” Lori Conkling, Netflix’s vice president of licensing, said in a statement.

The deal landed alongside a rough quarter. AMC Global Media reported second-quarter revenue of $547 million, down 9% from a year earlier, and a loss of 51 cents a share, compared with 91 cents in profit in the same period last year. Operating income fell to about $16 million from $64 million.

Netflix’s second-quarter earnings showed mixed results. The company‘s revenue rose 13% to $12.6 billion; its net income was $3.4 billion, up 9% from a year ago; and its advertising business is on track to reach $3 billion in revenue this year, double the amount in 2025.

The same filing offered some details on Netflix’s acquisition of InterPositive, the AI post-production startup founded by Ben Affleck, for $587 million in cash in March.

But Netflix’s stock price has continued to waver due in part to investor concerns about the streamer’s future growth.

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Published on
13/05/2026 – 14:02 GMT+2

EU lawmakers have reached a provisional deal to make the EU-US trade agreement suspendable in the event of a market disruption caused by a surge in US imports, Euronews has learned from two sources close to the talks.

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Intense negotiations have been underway between EU governments and the European Parliament over the implementation of the deal, which would cut EU tariffs on US goods to zero, under pressure from the Trump administration.

The US has suggested it will double tariffs on European cars if an agreement to swiftly implement the deal is not approved by the European Parliament by 4 July

MEPs have been pushing for tougher conditions since the agreement was clinched last summer between Trump and European Commission President Ursula von der Leyen, arguing that it must not become a vehicle for extortion of the EU.

The deal sees tariffs tripling on EU goods entering America, although the duties are not stackable, while US industrial goods are reduced to zero. Members of the European Parliament have been delaying a vote to implement the accord, arguing that it needed to be rebalanced and include clauses to protect the EU’s interests.

In recent days, a provisional compromise was found on a safeguard mechanism allowing the EU to reimpose tariffs on US industrial goods if a surge in imports disrupts the European market. The details of the wording of the clause are still under discussion.

Negotiators also agreed in principle to include a “sunset clause” that would automatically terminate the deal unless renewed. Parliament initially sought an expiry date of March 2028, though the final timeline remains under negotiation, the sources said.

‘Sunrise’ clause sparks tensions

However, talks remain at a standstill over a proposed “sunrise clause” defining when the agreement would begin to apply. The EU Parliament wants the implementation date to start only once Washington complies with the 15% tariff cap, while the Commission opposes the condition and wants it done immediately, one source said.

The sunrise clause was introduced by MEPs after a US Supreme Court ruling in February declared the 2025 US tariffs illegal, prompting Washington to introduce new duties on EU goods that now average above the agreed ceiling, therefore in violation of the deal.

The European Commission is also pushing to remove references to the EU’s Anti-Coercion Instrument, seen as the EU’s trade bazooka that could curtail US access to the European single market in unprecedented ways.

The Commission is also pushing back against provisions allowing the suspension of the deal if Trump were to threaten the bloc’s territorial integrity again, one of the source said.

Following Trump’s threats earlier this year to target EU countries refusing to support a US acquisition of Greenland, MEPs also added provisions allowing the suspension of the deal in the event of threats to the EU’s territorial integrity.

The Anti-Coercion Instrument is one of the EU’s strongest market defence tools, designed to counter economic pressure from third countries through measures including restrictions on licenses and intellectual property rights. Its use was repeatedly discussed at the height of transatlantic trade tensions last year, but never approved.

EU negotiators are aiming to finalise the agreement by June ahead of a plenary vote in the European Parliament the same month, in time for the 4 July deadline set by Trump.