Walking Dead Universe Heads to AMC+ and Netflix in $500M Streaming Deal

Netflix and AMC Networks announced Thursday that the entire Walking Dead Universe, spanning seven series and 371 episodes over 15 years, will stream co-exclusively on both Netflix and AMC+ beginning in January 2027.

A non-exclusive arrangement

The reported $500 million deal notably does not grant Netflix exclusivity, a departure from many of the streamer's typical licensing arrangements, according to industry sources familiar with the agreement.

AMC will retain the ability to keep the franchise available on its own platform, allowing existing subscribers to continue watching without disruption.

• Seven series and 371 episodes will be included in the deal
• Streaming begins on both platforms in January 2027
• The agreement is valued at roughly $500 million, according to reports

Franchise's continued relevance

The Walking Dead franchise, which first premiered in 2010, has spawned multiple spin-off series and remains one of AMC's signature properties, according to network officials.

Analysts said the deal reflects a broader industry trend toward non-exclusive licensing as streaming platforms look to maximise revenue from established franchises rather than compete purely on exclusivity.

Details on which specific series and seasons will be included at launch are expected to be announced closer to the January 2027 debut, according to the companies.