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Creator of 'The Walking Dead' sues AMC over profits

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According to an article published by CNN on Dec. 18, the creator of the hit show “The Walking Dead” is suing the AMC network for cheating him out of millions of dollars in profit.

CNN reports that Frank Darabont and CAA, which is the Hollywood talent agency that helped Darabont pitch “The Walking Dead” to AMC, has filed a lawsuit stating that AMC has cheated them out of millions of dollars.

Reports indicate that Darabont and CAA have a contract that entitles them to a total of 20% of the "Modified Adjusted Gross Receipts” from the show. However, Darabont claims that after seasons of unmeasured success, the network claimed a $55 million deficit, so Darabont and CAA may never see a dime.

The complaint filed reportedly states that AMC charged its own network an “artificially low” licensing fee to air the show. Darabont claims this was done to “enhance the profits of the parent company by minimizing the revenues.”

Frank Darabont reportedly worked for years to develop “The Walking Dead” into a television show from the comic book series. He also reportedly wrote and directed the first season of the show before being fired.

At the time of this publication AMC had not released a statement about the lawsuit.

“The Walking Dead” first aired on AMC in October 2010, and recently aired the mid-season finale for its fourth season on the network.

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