New 'WALKING DEAD' Spinoff Announced

Deadline reports that AMC has confirmed plans for a new "Walking Dead" spinoff.

CEO Josh Sapan said the spinoff is in "active development," but gave no additional details.

"We're not at a stage where we'll be announcing its plans to premiere," COO Carroll said. "But we have hired creative people that have pitched story outlines. We feel very good about the development of that series. We're not in a position to talk about partnerships in terms of other territories or ancillary windows, other than that there's a healthy appetite for it and we've had a number of conversations with a lot of players in the space."

"We are well aware that when a show has been around for nine years, you would expect viewership to be declining, but I think we've managed that and managed that well," Carroll said. "When THE WALKING DEAD is no longer part of the channel, I think that will have more of an impact on revenue than on [income] because generally expenses go up as the seasons continue and viewership declines. That's just a general pattern with any show that's been around as long as THE WALKING DEAD has."

Read the original story on Deadline.