AMC Global Media Reports Q3 Earnings, Records $85 Million Charge for Kirkman Settlement

AMC Global Media released its financial results for the third quarter of 2026 on Monday, detailing a period marked by strong licensing growth and specific restructuring costs.

The company recorded an $85 million charge during the July-September period to settle a lawsuit with Robert Kirkman, the creator of The Walking Dead, and other series producers. Under a settlement agreement reached on September 4, AMC made an initial cash payment of $85 million. The remaining balance of $35 million is due no later than January 31, 2027. The legal action was dismissed with prejudice as part of the final agreement.

In addition to the settlement, AMC took a $2.1 million restructuring charge related to the sale of its ALLBLK streaming service. Despite these expenses, the company reported adjusted earnings per share of 44 cents on total revenue of $566 million. Analysts from LSEG had forecast a loss of 1 cent per share on $584.9 million in revenue. Content licensing revenue increased by 42% during the quarter.

Kristin Dolan, CEO of AMC Global Media, addressed shareholders in a letter regarding the performance. She stated that consolidated revenue growth was led by licensing and streaming businesses. Dolan noted improvements in domestic affiliate and advertising revenue trends, both sequentially and year-over-year.

The company continues to operate on a single technology platform with specific pricing and packaging strategies. Dolan described this approach as complementary to larger streaming options provided by other companies. AMC Studios is creating intellectual property for its own platforms and for partners through co-production relationships and content sales.