AMC Global Media’s “The Walking Dead” franchise will stream on both Netflix and AMC+ beginning in 2027 as part of a new five-year, $500 million licensing deal.

The co-exclusive global licensing pact between Netflix and AMC Global Media covers the original “The Walking Dead,” as well as its six spinoffs, including “Fear the Walking Dead,” “The Walking Dead: Daryl Dixon,” “The Walking Dead: Dead City,” “The Walking Dead: The Ones Who Live,” “The Walking Dead: World Beyond” and “Tales of The Walking Dead.” In total, there are 371 episodes.

Licensing for each series will begin on different dates in different geographic territories, following the expiration of existing broadcast licenses, according to AMC.

Netflix has owned exclusive U.S. streaming rights to “The Walking Dead” since 2011. The new deal will allow AMC+ to stream the main series for the first time and expand the show’s availability on Netflix in the United Kingdom, Italy, Australia and New Zealand, among other territories.

“Audiences have discovered and loved The Walking Dead on Netflix for nearly 15 years and the show continues to attract new fans,” said Lori Conkling, vice president of licensing at Netflix. “We’re excited to partner with AMC Global Media to continue expanding that access to more audiences around the world and bring the entire Walking Dead universe to Netflix.”

“We are thrilled to expand our long-standing partnership with Netflix around The Walking Dead,” said Kristin Dolan, CEO of AMC Global Media. “This deal creates a global destination for this universe – every show, every episode – making the franchise more accessible than ever to fans around the world. Additionally, the co-exclusive deal allows us to bring the original series to AMC+ for the first time early next year. Netflix has been an important partner in making The Walking Dead one of the most successful franchises in entertainment history. This deal is a fantastic outcome for our companies, for the fans and for this timeless intellectual property.”