In news that will send shock waves through the industry, longtime James Bond producers Michael G. Wilson and Barbara Broccoli are relinquishing control of the beloved spy franchise and handing the reins to Amazon MGM Studios.
As part of the arrangement, Amazon and the producers have formed a new joint venture to house the Bond intellectual property rights, with Broccoli and Wilson remaining co-owners of the franchise.
Under the terms of the new venture, Amazon MGM Studios will gain creative control of 007. Financial details were not disclosed, but there is already industry speculation that Broccoli and Wilson will have received a healthy payday from Amazon and will continue to have some shared economics going forward.
Since the most recent series starring Daniel Craig came to a close with the 2021 pic No Time To Die, 007 has appeared to be in no man’s land.
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