In news that will send shock waves through the industry, longtime James Bond producers Michael G. Wilson and Barbara Broccoli are stepping back from the creative process and handing over control of the beloved franchise to Amazon MGM Studios.
As part of the arrangement, Amazon and the producers have formed a new venture to house the James Bond intellectual property rights, and those parties will remain co-owners of the franchise.
Under the terms of the new venture, Amazon MGM Studios will gain creative control of the James Bond franchise following closing of the transaction.
Since the most recent series starring Daniel Craig came to a close with the 2021 pic No Time To Die, the industry has been wondering what next steps are for the franchise including who would follow Craig and play the iconic spy.
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