Mad Men crisis talks resolved as Matthew Weiner signs for two more seasons

AMC and the series’ studio, Lionsgate Television Group, announced yesterday that a deal has been struck with Weiner to stay on.

And Weiner will no longer have to cut two characters per season, as was previously reported.

Negotiations had extended for months, delaying the return of the show for its fifth season.

This week, AMC acknowledged that Mad Men would not return until early 2012. The series has previously aired in the summer.

Weiner has signed a new long-term contract, reported to be worth between $25m and $30m with Lionsgate, providing for a possible seventh Mad Men season, the studio said.