The first season of the latest Walking Dead spinoff The Ones Who Live is concluding this weekend, but the latest profit participation lawsuit from zombie apocalypse creator Robert Kirkman, franchise executive producer Gale Anne Hurd and others is far from over.
With heavy emphasis on the $200 million settlement AMC suddenly made in 2021 to end ex-TWD showrunner Frank Darabont and CAA’s nearly 10-year long lawsuit over profits, U.S.
District Judge Fernando Aenlle-Rocha yesterday denied the outlet’s move to have Kirkman, Hurd, David Alpert, Charles Eglee and Glen Mazzara’s mega-millions case dismissed. “It would be an illogical interpretation of the MFN (most favored nations) provisions and contrary to the reasonable expectations of the parties in entering into the agreements if the court were to allow Defendants, as a matter of law, to provide Darabont and CAA with increased contingent compensation and a greater share of future gross receipts for the series through a settlement agreement—at Plaintiffs’ expense—without providing Plaintiffs the same,” the California-based federal judge wrote in a 13-page ruling filed Monday (read the TWD EP case ruling here).
Having pulled the short stick in a previous suit against AMC, Kirkman, Hurd and fellow TWD EPs sued AMC for $200 million in a November 15, 2022 breach of contract action. “Plaintiffs are entitled to the same treatment afforded to Darabont with respect to his MAGR interests, they are therefore entitled to have the same valuation applied to their MAGR interests, which, collectively, exceed Darabont’s and CAA’s,” the LA Superior Court filing declared with reference to modified adjusted gross receipts metric used to gauge profit participation payouts. “As a result,
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.